Home mortgage information and related news - updated frequently. A valuable resource for consumers looking for home mortgage refinancing, purchase loans, and debt consolidation loans. Also read by many mortgage industry professionals. Authored by EZ Loan Apply - provider of objective lender reviews, loan calculators, rate reports, and helpful articles – updated daily. Free lender matching service.
Mortgage volume is expected to decline to $2.5 trillion this year, according to the Mortgage Bankers Association, from a peak of $3.8 trillion in 2003. Interest-only mortgages and low teaser rates are now being pushed heavily by lenders as a way to attract new customers and re-service existing borrowers. An example is Indy Mac Bank's Flex Pay loan which starts out at 1% interest with 0 points.
This blog is an open forum for all visitors to EZ Loan Apply. From time to time we here at ezloanapply will discuss the mortgage market, including news events, articles, trends, and the various players in the business. You may also use this blog to discuss all mortgage related topics with other EZ Loan Apply users and the EZ Loan Apply administrators, including: current interest rates and what direction they may be heading; whether or not now is a good time for you to refinance; what type of new loan should you get; what lenders have worked well / not well for you; etc... If you have a topic you would like us to cover, or have a question for us about anything relating to home loans, just email us at info@ezloanapply.com
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