Category Archives: Mortgage Information

Information pertaining to Mortgages



Existing Home Sales Bouncing Back

Despite Low Home Inventories, Existing Home Sales Are Bouncing Back!   According to Keeping Current Matters, the highlights in Home Sales Bouncing Back Graph are: Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded. Inventory levels are still below historic norms at 3.9-months supply. Median home price […]


Saving Strategies For A Down Payment

Saving for a home can take time for home buyers. What is the length of time Buyers take to save for a down payment? What are your saving strategies for a Down Payment? According to a post in Economist Commentaries, by Jessica Lautz, Director, Survey Research and Communications at the National Association of REALTORS®, “Among […]



A Buyer’s Purchasing Power

Commentary By Gail Alm at Fairway Independent Mortgage One of the things I can always count on when talking with someone about real estate and financing it they will always ask me, “What do you think is going to happen with interest rates?”  and “What are the current interest rates?” There are so many factors […]





Avoid Unsolicited Mortgage Offers

Have you ever wondered where all those bank offers and solicitations come from? I once made the mistake of responding to an online offer to refinance my mortgage and “reduce your mortgage payment”. Normally, I ignore them, but this one time it appeared to be legit. That one mistake resulted in phone calls and mailings […]