Author Archives: shelterlending

Going into the mortgage process, it is common for many first-time or even seasoned homebuyers to have a few misconceptions. With reasonable and clear expectations, the entire process of obtaining home financing can be simple and painless. Here are few … Continue reading

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Rates Stay Low as the Economy Keeps Humming Along

Businesses keep doing what they’ve been doing for the past five years — hiring employees and making money.  On the former, business hiring helped lift payrolls by 261,000 in October. The surge in hiring dropped the unemployment rate to 4.1%. … Continue reading

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What to Know About FHA Loan Requirements

U.S. homebuyers have a number of financial tools at their disposal today when it comes to smoothing out the notoriously expensive and complicated process of purchasing a home. One of the oldest and most well-known is a publicly funded program from … Continue reading

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Rates Are up…and so Are Home Sales

It’s more fours than threes these days. Mortgage rates — rates on the long-end of the curve, in particular — are at a two-month high.  Our own central bank, the Federal Reserve, has long ago telegraphed its intentions on monetary … Continue reading

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HARP Extended Through 2018

The U.S. government deploys several resources for Americans who need help financing a home purchase, including the popular FHA Loan program. But unbeknownst to some, there are also tools available for current homeowners who have fallen behind on their mortgage … Continue reading

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No Reason to Be Afraid This Time of Year

Halloween approaches. We suspect that it’s a favorite holiday for a certain cadre of people. Some people revel in fear. They seek it out; they search for reasons to be afraid.  Fear is a draw to many financial-market participants as … Continue reading

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Time for Another Rate Dip?

  The commercial will be right one of these days. Whether “one of these days” is tomorrow, next week, next year, or next decade, we can’t say.  Lenders have warned repeatedly in print and radio ads over the past five … Continue reading

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