Betting on the Economy: How Bonds Drive Mortgage Rates

Buying a home is rarely a snap decision. Most people spend at least 18 months lurking on Zillow and going to open houses before ever calling a mortgage broker or REALTOR® — but by the time they do, they’re ready to move. Literally. But sometimes the market has other things in mind. When I get…

To Debt or Not to Debt: Which Makes Sense for You?

Which is better for you: Being completely debt-free, or having some debt and owning a home? Most people would probably prefer to be debt-free. But that’s a very difficult hurdle to overcome. Some will spend years clearing student loan debt, credit cards or car loans. That’s an enormous financial burden — but not necessarily for…

Confused About Rates? You’re Not Alone.

When my daughters ask me what I do all day, my answer is simple: I talk about rates. "But Daddy," they ask, "isn't that boring?" The answer is absolutely not. Rates are never, ever boring, especially when you're looking for a loan. But a loan rate is probably the most confusing topic to talk about, particularly when…

Caliber’s Digital Mortgages Reinvent How Everyone Will Get a Mortgage

When most people think about the technology revolution, they immediately envision smart phones, smart watches, self-driving cars and drones. You know, George Jetson stuff. But for me, the biggest technology revolution won't be what I'm wearing on my wrist — it's in the way we're about to transform the lending process. For the past six months, my leaders at…

Why 20 Percent Down May Not Be Your Wisest Move

You know how the conversation goes...   PERSON: “Thinking of thinking about buying a house.” OTHER PERSON: “Oh yeah, start saving for that down payment!” Or… FRIEND: “We’d like to buy a house.” OTHER FRIEND: “Are you looking?” FRIEND: “No, I need to save up for the down payment first.” And in every case, what…