Entries by Editor

Fake News, What About Fake Economy.  Job Numbers Are Good but Payrolls stagnant.  How Many Real Quality Jobs Created Under TrumpEconomics?

Are you thinking about buying a home? Then you are probably curious to know how the American economy is doing. Generally, under President Trump, Americans think the economy is doing well. How much of that is reality and how much of it is perception is open to question. A CBS poll from May 2018 found […]

What Do the Midterm Elections Have to Do with Mortgage Rates?

After a momentary pause in May, mortgage interest rates are back on the rise. According to data released in mid-May 2018, the average mortgage interest rate for the 30-year fixed rate mortgage was 4.62%. A year ago, home mortgage rates were only 4%. The 30-year fixed mortgage rate has not been this high since 2011. […]

Can I Obtain an Interest Only Mortgage Loan?

An interest only mortgage loan is a loan that you only pay interest on until the interest only period is over – usually in five or 10 years. Because you just pay interest charges every month, the payments are lower than a regular amortizing loan. All interest only mortgage loans eventually convert to a regular […]