Tag Archives: fixed rate mortgage

What Affects Mortgage Rates?

The good news about mortgage rates? They’ve been at or near historic lows recently, and by all indications they should stay fairly low for the short term. But as anyone who follows these rates knows, they can be very volatile – sometimes changing multiple times in one day. What affects mortgage rates? In May 2011 [...]

Carolyn Writes In And Wants a New Mortgage In Bankruptcy

“Dear Steve, My husband and I are in bankruptsy, we have a 3 year plan with one year left on the plan. Our mortgage company has us on an ARM and wont remodify our loan. How can we get out of chapter 13 and get into a fix rate mortgage? Carolyn” The Answer:   Dear [...]