If last week’s mortgage rates were crazy low, this week’s mortgage rates would be classified as “unbelievably, astonishingly, insanely, stupid low.” That’s right people – according to the Weekly Primary Mortgage Market Survey from Freddie Mac, mortgage rates yet again dropped to all-time record lows for the third consecutive week.
3 Reasons to Buy a Home in 2012 – Watch-It Wednesday
by Eric Mally on May 16, 2012 in Home Buying, Mortgage Rates
Quicken Loans Chief Economist Bob Walters sat down with our very own Jordan Fylonenko to talk about three very strong reasons why to buy a home in 2012 in another episode of the critically acclaimed Markets and Musings.
Is an FHA Loan Right for You?
by Halina Matt on May 14, 2012 in Home Buying, Home Sales, Mortgage News, Mortgage Rates, Mortgage Updates and Changes, Personal Finance, Refinance Mortgage
Finding the right fit when it comes to mortgage loan options can be a daunting task, especially if your credit history is less than perfect. Imagine a world in which you can find an easier credit qualifying process and low down payment options with a government-secured loan that allows lenders to give you a better deal. That world, dear readers, is here and now, and we in the business like to call it an FHA Loan.
Mortgage Rates Set Record Lows for Second Consecutive Week
by Eric Mally on May 10, 2012 in Mortgage Rates
In the history of the modern mortgage era, mortgage rates have never been this low. In the history of the weekly Primary Mortgage Market Survey from Freddie Mac and our breakdown of it, we have never started off with a haiku. Today, that changes.
Refinancing from an ARM to a Fixed-Rate Mortgage – Watch-It Wednesday
by Eric Mally on May 9, 2012 in Home Buying, Mortgage Rates
This week, my main man Bryan Lyons, a former Home Loan Expert with several years of experience, sat down to talk with me about the pros and cons of refinancing from an adjustable rate mortgage to a fixed-rate mortgage. Bryan also chimes in on why now is the best time ever to lock in to an amazingly low mortgage rate or refinance to try and keep some more cash in your pocket.
First-Time Home Buyer Tips and Tools
by Shannon Martin on May 4, 2012 in Home & Family, Home Buying, Homeowners Tips, Mortgage Rates, Smart Shopper
It’s time to buy your first home! Hooray! This is a big deal and a major milestone in your life. It’s definitely not something to do on a whim. As a first-time n=home buyer, there are a gazillion things you should know before you take the plunge. We want to make sure you have all the information you need to make a smart decision, not only on which home is the best choice for you, but also on which financing option will best fit your unique situation.
Mortgage Rates at Record Lows – Act Today!
by Eric Mally on May 3, 2012 in Mortgage Rates
Don’t rub your eyes. Don’t adjust your monitor. You read that headline perfectly clear. Mortgage rates are at record lows according to this week’s Primary Mortgage Market Survey from Freddie Mac.
Mortgage Rates Take a Dip, Hold Near Record Lows
by Eric Mally on April 26, 2012 in Mortgage Rates
The cycle continues. Mortgage rates have alternated from jumping to dropping every week in the month of April, and this week continued that trend. It’s sort of like a roller coaster. Wait, who am I kidding? It’s definitely like a roller coaster.
Mortgage Rates Inch Upward
by Eric Mally on April 19, 2012 in Mortgage Rates
Mortgage rates moved slightly up this week. But, I’ll get into that later. What I’m more concerned about now is how I can creatively introduce what happened to mortgage rates according to Freddie Mac’s Weekly Primary Mortgage Market Survey.
Five Mortgage Trends for 2012
by Clayton Closson on April 18, 2012 in Home Buying, Mortgage Updates and Changes, Refinance Mortgage
Interesting article in Fox Business about some trends in the mortgage industry for early 2012. The five tips range from info on mortgage rates to home buying. Here they are:
- Wall Street Journal: Picking a Place to Retire May 10, 2012
- Wood Deck Protection and Maintenance May 14, 2012
- Detroit’s New Soccer Team Aims to Connect Communities Through Sports May 14, 2012
- Wood Deck or Cement Patio? It’s a Tough Call May 9, 2012
- Mortgage Rates Set Record Lows for Second Consecutive Week May 10, 2012
- Consumer Alert: Beware Companies Posing as Quicken Loans! April 19, 2011
- Buying a Home After Bankruptcy November 11, 2005
- Top 5 Reasons to Buy a Home in 2012 January 6, 2012
- Quicken Loans Lowers Minimum Credit Score Requirement on FHA Loans January 21, 2011
- The Quicken Loans Mortgage Process Gets Even Better: Introducing the New MyQL! January 10, 2012















