Keep abreast of the changing trends in loans, interest rates and the mortgage business.

Today's Tip: Consider Using a Broker
What are the advantages of a broker versus direct?
If you're thinking about taking out a mortgage or refinancing your existing one, you've probably considered using a mortgage broker. Many people use brokers for convenience. The first thing you will want to do when dealing with a mortgage broker is to make sure that the broker represents a number of lending institutions and offers a wide range of loan products. They'll do the legwork for you and it costs you nothing extra.

	Current News Items:

		Pending Home Sales Up in Five of Six Months. Would You Buy? Mortgage News Daily - January 27, 2011 The National Association of Realtors released the Pending Home Sales Index for December today. ...
		Curbing Closing Costs New York Times - January 27, 2011 Borrowers have some weapons for keeping closing costs down, the result of recent guidelines requiring lenders to disclose certain fees, but perhaps the most underutilized consumer tool simply involves ...
		MORTGAGES; When Rate Locks Expire New York Times - January 9, 2011 As mortgage rates have edged higher, many borrowers have been locking in loan rates for a home purchase or refinancing. ...