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For your consideration: Our observations regarding What's holding back the housing market?

For your consideration: Our observations regarding What's holding back the housing market?

Where is my favorite mortgage amortization and prepayment calculator?

Q: What happened to the mortgage calculator which allowed for changing prepayments of principal? Do you still offer it? Do I need to buy a calculator from you?

A: We still offer the Homebuyer's Calculator Suite, which will allow you to do the complex amortization and payment schedules you want. The calculator is still free of charge, but you must download it and install it on your local computer again. For simpler, regular prepayments, you should use our online prepayment calculator, too.

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Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
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Q: How do I find out who owns my mortgage?
FEB 20, 2024
A:

The owner of the loan is most often the "investor" -- the entity who put up the actual funds to make your mortgage happen.

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Q: What loan amount does a mortgage need to be for it to be considered a Jumbo Loan?
NOV 28, 2023
A:

This question used to have a simple answer, since there was a "bright line" definition -- the conforming loan limit....

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Q: What does the term ‘conforming’ mean?
SEP 21, 2023
A:

Simply put, a "conforming" mortgage "conforms" to a set of standards so that the loan can be eligible to be sold to Fannie Mae or Freddie Mac.

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