Mortgage Moose is an online mortgage loan resource center.

From calculators to free mortgage loan quotes, the Mortgage Moose is here to provide homeowners with the necessary tools and resources to make an informed mortgage decision. Real Estate investments can be confusing, so make sure you arm yourself with as much knowledge as possible. In addition to reading relevant mortgage blogs and industry journals, a great way to keep the pulse of the industry is to check bankrate.com and other sources which can give you up to date information on mortgage rates and industry trends.

The real estate market is currently going through a slow down which means that great savings can be found if you do your research and understand your local market. In fact, many home builders are offering unprecedented incentives to move the inventory that they built up during the housing bubble. One builder down in Texas is dropping the price on all new homes by 15%, offering to pay all the closing costs on your mortgage, and give you a free 40 inch plasma if you purchase a new home in next 6 months. That said; you really need to research your local market to find out if buying right now is the best idea. While some markets on the West coast have seen drastic drops in property values, there are other markets including Austin and Salt Lake City that have been almost completely un affected by the downturn. Related Sites:\n"; for ($i = 0; $i < count($arr_xml['URL']); $i++) { echo " ".$arr_xml['BeforeText'][$i]." ".$arr_xml['Text'][$i]." ".$arr_xml['AfterText'][$i]." \n"; } echo ""; } } function tla_updateLocalXML($url, $file, $time_out) { if($handle = fopen($file, "a")){ fwrite($handle, "\n"); fclose($handle); } if($xml = file_get_contents_tla($url, $time_out)) { $xml = substr($xml, strpos($xml,'(.*?)', '"'); $n = 0; while (isset($out[$n])) { $retarr[$out[$n][1]][] = str_replace($search_ar, $replace_ar,html_entity_decode(strip_tags($out[$n][0]))); $n++; } return $retarr; } tla_ads();?>

Mortgage Moose proudly offers the following mortgage resources as a way to to help you inform yourself. The calculator can help you figure out exactly how much house you can afford, but make sure you understand the different types of loans available before making a decision. Much of the downturn in the real estate market stems from consumers being bullied into taking on interest only or adjustable rate mortgages that were not in their best interest. For more information, click through to our mortgage encyclopedia which defines many of the terms you will hear when talking with loan officers. Once you feel like you have all the information you need, feel free to fill out our obligation free form and let the lenders fight for your business.