Mortgage Minute Update: Week Ending September 4, 2025
1. Mortgage Rates Slip to 11-Month Low The average 30-year fixed mortgage rate fell to 6.50% this week—its lowest since…
The Student Loan Trap That Can Kill Your Mortgage Approval and Credit!
Why 90 days late is the difference between buying a home and being denied. For many potential homebuyers, this is…
Mortgage Minute Update: August 29, 2025
Rates Hit a 10-Month Low The national average 30-year fixed mortgage rate dropped to 6.56% for the week ending August…
Turning Home Equity Into Income: How DSCR Loans Open the Door
From Reducing Costs to Building Wealth In yesterday’s post, we covered how tapping equity can lower your monthly out-of-pocket expenses…
When Does Using Home Equity Make Sense? Why Many Homeowners Are Still Saying “Yes”
Rates Are High, But Equity Is Higher It might sound strange—why would anyone refinance when rates are sitting in the…
Mortgage Minute Update: August 15, 2025
Rates Dip to 2025 Low — But It’s Not the Whole Story Mortgage shoppers finally got some good news this…
This Week’s Snapshot (as of Saturday, August 9, 2025)
Mortgage Industry Update30‑year fixed mortgage averages 6.58%, down around 14 basis points from last week — its lowest level in…
A Game-Changer in Credit Scoring: Rent & Utilities Now Count Toward Your Credit with VantageScore 4.0
More People will Qualify! 1. The Announcement Big news in the world of credit: VantageScore 4.0 now factors in rent…
The Fundamentals of DSCR and Income Property Financing
So You Want to Be a Real Estate Investor? The Fundamentals of DSCR and Income Property Financing by Clay Edmonds…
Garbage In/Garbage Out -GIGO and Mortgages: Why Your Loan Quote Is Only as Good as the Info You Provide
By Clay Edmonds – MortgageSimplified.net Unless you’re over 50, you might not know what “GIGO” means.G-I-G-O. It stands for Garbage…
