When Fannie is happy, everybody’s happy. Fannie Mae reported $5.1 billion profits for the second quarter of 2012. That’s up quite a bit from the Q1 $2.7 billion reported profit. But let’s not be too fast to celebrate. Though the news is certainly good, it is questionable whether it really is a sign of recovery. […]
The financial world is all-abuzz with how low mortgage rates are, but do you know what causes rates to be low? Is it: A. The supply of available homes vs. the number of buyers B. The Fed’s strategy C. Economic uncertainty in Europe D. Both A and B E. Both B and C Any of […]
The short answer to the question of How Often Can You Refinance Your Mortgage is that there are no limits on the number of times you can refinance. However, there are some built-in factors that can save you from overdoing it—just in case you’re worried that you might become addicted to refinancing (because it seems […]
Accelerating mortgage payments is a way of paying down your mortgage faster and with less interest paid. Basically, you increase the amount you pay which sends more money toward the principle of the loan. You’ve probably received offers for accelerated programs that sound interesting, but there’s more than one way to pay down a mortgage […]
That’s the refreshing take Coors Credit Union has on financial services. You decide how you want to fill up your 6-pack. And you can do it all online. Visit online and choose from a sampling of our most popular services: Auto Loans Checking Credit Card Debit Card Direct Deposit eStatements Green Light Loans Home Equity […]
Using a risk-tolerance approach to home financing will help you understand the pros and cons of various mortgage programs and help you decide which is best for you.
