If you missed Part 1 – Available Mortgage Programs be sure to read those first. When you are ready, Part 3 – The Loan Process and Part 4 – Pre-qualify are out!

Understanding a mortgage payment is very important for a Wisconsin first time home buyer. Most loans, such as for a car, are fairly simple to understand because it usually involves just two parts, the principal payment...

Welcome to Part 1 of our Wisconsin 203k series. Today we are going to cover why a 203k loan would be used.

There are 2 types of the Wisconsin 203k loans – the 203k rehabilitation loan and 203k streamline. Both are very useful tools for those that are looking to improve a property they want to purchase or refinance. This program has gained a lot of popularity...

Mortgage Backed Securities are MINUS 38bps this morning.

The biggest news out today was my lender's underwriting is taking 6 days. That means that there is no need for them to go out and try to buy the markets. They will keep rates favorable and keep margins up.

The equity markets rallied as investors thought 4 weeks of selling was enough. The Dow was up as many as 200 points today. The Dow is currently up 69 points as I write this article. That brings us to the word...

Mortgage Backed Securities are PLUS 6bps this morning.



The fear mongers have held the markets down for the last few weeks. Retailers Target and Staples say not so fast my friends. Target the 2nd largest retailer profits rose 3.7% and beat expectation. They also raised their year end guidance. Raised their guidance in the face of the largest recession we will see in our lifetime? Staples the number one office supplies chain also beat expectations. That means the consumer...

I look in many places to find content and try to answer questions where people are looking for answers. I recently started working with a fitness trainer, Mike Sweeney of Sweeney's Gym on Howell Ave in Milwaukee. We started talking about what it is I do for a living. When I told him he said that his clients, the people in his business network and charitable organizations he helps are always talking about the state of the housing market. The fact that people are upside down on their mortgages is...