By: Zillow Blog
3Sep2010Obtaining a loan for a mortgage payment can be a very involved and intricate process. In some cases, there are steps that prospective homeowners can take to expedite the process such as filing for a pre-qualification or pre-approval. Zillow user Mike...
By: Zillow Blog
1Sep2010This week, mortgage lender Justin McHood explains an FHA streamline refinance program, which is a program designed for people who currently have an FHA loan to take advantage of lowering their interest rate when rates drop with less documentation tha...
By: Zillow Blog
31Aug2010Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.26 percent, down from 4.29 percent at this same time last week. This rate represents the lowest rate recorded s...
By: Zillow Blog
27Aug2010Zillow’s chief economist Stan Humphries appeared on Fox Business yesterday to talk mortgage rates, tax credit, and what it will take to get the housing market on the road to recovery. Watch the latest video at video.foxbusiness.com...
By: Zillow Blog
27Aug2010This week, Justin McHood defines exactly what it means to have a “No Cost” or “Zero Cost” mortgage. It probably doesn’t mean what you think right off the bat. The costs associated with a mortgage are always paid by someo...
By: Zillow Blog
26Aug2010When it comes to buying a home, most people focus on the asking price and how much a monthly mortgage payment will be. While these are undoubtedly the ‘big ticket’ items involved in becoming a homeowner, it is important to be prepared for clo...
By: Zillow Blog
25Aug2010Here’s a great question in Zillow Advice from a user in Dallas, TX, by the alias of nickgerlach who asks: I’m a first-time homebuyer — can I get an 80/15/5 piggyback loan? Good question. Some lenders say yes and some say no. Read ho...