DailyInterest.com - Home Mortgage Loan Advice & Education
Providing Useful Information, Advice, Education
and a Fair Honest Deal on your Mortgage




Market Comments
A daily look at the bond market
and it's effects on mortgage rates
This Week's
Economic News
  • Housing Starts down 5.6%
  • Jobless Claims lowest Since April
  • CPI core up 0.2%
  • PPI corefalls 0.3%
  • Bernanke Confirmed to replace Greenspan


    • Rate Trends
    A peek at where rates are today compared to 2 weeks,
    3 mos and 1 yr ago

    what's new

    Conforming Loan Limits for
    2005 for a Home Mortgage are now $359,600



    calculators

    Tips, Advice and Learning about Mortgages

    This section contains all our articles, advice and tips with scenarios, questions and answers to help you make
    decisions, get useful mortgage information and learn how mortgages work in different situations

    These main pages have basics and articles that relate to
    Types of Mortgages   Refinancing Mortgage Information    Purchases Mortgage Information  

    Be Sure to Visit the Library to find basic information and articles on
    Applying for a Loan  Appraisals  Credit  Escrows  Points
    Check out our Glossary for a definition of all those mortgage terms.


    Mortgage Information and Tips
    for an Easy Refinance
  • Refinancing Main Page

  • Does Refinancing make sense for you?

  • How far do rates need to drop to refinance

  • The best time of month to close

  • The Good Faith Estimate - an Example

  • The Good Faith Estimate - what should be there? (and not!)



    • Mortgage Information and Tips
    for Buying a Home
  • Purchasing a Home Main Page

  • How Much house can you afford?

  • How much should you put down?

  • Escrows equal Higher Closing Costs, be prepared

  • Pre-Qualify vs Pre-Approval
    (many call everything a pre-approval!)

  • A Homebuyer's Checklist
    Fill this out before you look for a home, this will help you keep on track!
    		• Getting a Deal on Your Mortgage -
    How to Know
  • Ask these Questions for an Accurate Mortgage Quote
       a list for you to make it easy

  • A Deal or a Scam? How to tell the difference
       Knowing if they're lying is not that hard

  • Know what affects that rate you are quoted

  • Is paying points the choice for you?

  • Mortgage Broker or Bank - Which is better?

    Imperfect Credit / Bad Credit Mortgages
  • New Articles Coming Soon!


    •
    Tips on Types of Mortgages
  • Types of Mortgages Main Page

  • Fixed Rate Mortgages

  • Adjustable Rate Mortgages

  • Balloons / Extendable Mortgages

  • Interest-Only Mortgages

  • Option ARM
    		•



    Harry Smith
    email Harry@dailyinterest.com
    or reach me by phone
    Office 1-248-548-7655
    Cell    1-248-514-9000
    Drew Smith
    email drew@dailyinterest.com
    or reach me by phone
    Office 1-248-548-7655
    Cell    1-248-703-7770

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    DailyInterest.com - guide to Home Mortgage Loan Advice & Education for refinancing and purchasing
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    Tips, Advice and Learning about mortgages at Daily Interest.com