Neil Coleman Mortgage Matters

Last week’s economic reports provided rays of light as compared to the recent slump in positive economic news. Unusually severe winter weather conditions affected housing-related indicators as home builders and home buyers stayed on the sidelines. With spring on the horizon, last week’s economic ...

There is a fine line between adding color to your home décor and using too much color, so that you feel like you are living inside a rainbow. A little bit of color will add a lot of fun and interest to your home design, but too much color can be overwhelming. How can you achieve that perfect bala...

Mortgage Rates We will continue to float, but we are extremely cautious given that Stocks fell Friday as did Mortgage Bonds. If rates are favorable and you can't lose any pricing, think about locking short term files, measured in a few days to a few weeks. But there is no panic given that rate sh...

Inflation at the wholesale level remained tame in February due in part to declining energy prices. The Producer Price Index, which measures prices businesses receive for their goods and services, fell by 0.1% last month, below the 0.2% that was expected. The year-over-year number came in at 0.9%,...

You’re ready to make some changes to your home, but you want to be smart with your money and see a positive return on your investment. While most homeowners don’t see that return until they sell their home, you can start seeing the benefits now through conserving energy by making your home green....

Being a homeowner is exciting. It can be personally and financially rewarding, too.  Those rewards come with a certain amount of risk, however.  Keeping yourself legally protected is a good idea. Here Are Some Risks And Some Ways To Handle Them HOAs. If you own a condo, townhome or other property...

Americans filing for first time unemployment benefits fell to lows not seen since late November, signaling an uptick in the labor market. The Labor Department reported that Weekly Initial Jobless Claims fell by 9,000 in the latest week to 315,000, which was below the 329,000 that was expected. As...

Getting a mortgage isn’t an easy thing to do. Before a lender will put down hundreds of thousands of dollars, it wants to know that the borrower can handle the loan so that it will get paid back. To this end, there are three things that a potential homebuyer can do to prepare for the mortgage app...

As the spring and summer driving seasons near, one thing is for certain - higher gas prices at the pump. The national average price for a regular gallon of gasoline is $3.48, up from $3.28 a month ago as prices have increased 28 straight days. AAA predicts that prices will rise an additional 10 t...

Getting a home loan can be a challenging process. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process. Here are some mistakes to be avoided: Not Pre-Checking Credit Once a borrower makes his application for a mortgage, his fate is largel...