I've been in the mortgage banking industry for nearly seven years and my goal with this website is to help consumers make educated mortgage financing decisions.
If you'd like to find out more about me, please visit my About page. Thanks for stopping in!Follow @MbM_tweet
- Beware These Common Mortgage Advertising Gimmicks Lenders Use to Reel You In
- How to Shop for Mortgage Rates and Get a Killer Deal
- The Deal Killing Mistake You Want to Avoid Next Time You Apply for a Mortgage
- The Important Question You're Probably Not Asking When Comparing Mortgage Offers
- 10 Simple Tips to Improve Your Credit Scores And Get the Best Mortgage Deal Possible
- How to Buy a House Part 4 – How to Save Up a Down Payment
- How to Buy a House Using Gift Funds for the Down Payment
- How to Buy a House Part 3: Getting Your Financial Profile in Order By Eliminating Debt
- How to Buy a House Part 2: Preparing Your Credit to Qualify for a Mortgage
- 30 Insider Mortgage Tips and Tricks to Get a Lower Rate, Reduce Closing Costs, and Eliminate Qualifying Hassles
- Fox Business: A Better Way to Turn a Major Asset into Retirement Income
- Does the Government Want Higher Mortgage Interest Rates?
- How to Buy a House Part 1: Should I Buy a House?
- 8 Big “No Nos” That Could Get Your Mortgage Application Turned Down (Or At Least Create Some Serious Headaches)
- Stuck With Mortgage Insurance? Here’s a Little Known Trick to Save on Your Payment
CNN reports that the average college senior finishing school last year graduated with $24,000 in student loan debt, an increase of 6% from the year before. As student debt levels have risen, job prospects have dimmed with the troubled economy, making it challenging for many graduates to repay their debts and get ahead financially. Continue reading
Fortune published a great article recently that highlights how important it is to the economy – and job growth – for the government to provide a consistent and predictable operating environment for business. Continue reading
After all the financial chaos of the last two years, the big banks may be facing yet another crisis. Bloomberg reports that “Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America Corp. to repurchase soured mortgages packaged into $47 billion of bonds by its Countrywide Financial Corp. unit”. Continue reading
The “foreclosuregate” mess continues to grow as officials in all 50 states are now investigating mortgage servicers in response to “allegations that questionable documents were used to support potentially hundreds of thousands of foreclosures nationwide.” Lenders such as Chase, and GMAC have already suspended foreclosures in many states due to the document irregularities. Bank of America has suspended foreclosures in all 50 states. Continue reading
As I wrote about previously, creating a budget is a relatively simple process in concept. However, if your money is going in a thousand different directions, things can get complex quickly, making it even more important to stay organized. Below are some great tools and resources available online that can help you organize and track your expenses, keep track of payment schedules, and generally stay on top of your financial life. Continue reading
Creating a budget for your monthly expenses is essential for good financing health. The following explains how to budget monthly expenses so you can better manage your finances. Continue reading