Peter Miller

Peter G. Miller, author of The Common Sense Mortgage, is a real estate columnist syndicated in newspapers nationwide. Peter has been featured on Oprah, the Today Show, Money Magazine, CNN and more. Follow Peter on Twitter

Articles by Peter Miller

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Why Unpaid Student Loans Can Raise Your DTI

March 1, 2018

Question: We went to see a mortgage lender. We were doing great until the conversation turned to student loans. We have $28,000 in remaining student debt but are not paying […]

Why does financing cost more than the borrow amount?

Q&A

Why is the Total Bill For a Home More Than the Borrowed Amount?

February 12, 2018

Question: We went to see a lender and it was a terrifying experience. The lender says we can afford to borrow $225,000 at 4 percent interest. Our monthly payment will […]

Q&A

Why Do Credit Scores Suddenly Decline?

January 19, 2018

Question: Our credit score recently declined so we got free copies of our credit reports but could not find a single incorrect entry. We haven’t gone out and bought a […]

Q&A

What do Loan Limit Increases Mean for Me?

January 5, 2018

Question: Mortgage loan limits have increased for 2018. What does that really mean for the real estate market? Answer: There was a time when new mortgage loan limits – the […]

Home Buying

How Can I Find Out How Local Real Estate Markets Are Doing?

December 15, 2017

Question: Whenever I ask local real estate brokers about the neighborhood market they always tell me it’s great! Sales are booming and prices are rising, they say. While I appreciate […]

Q&A

What Are the Pros and Cons of Financing with 20 Percent Down?

December 11, 2017

Question: We are first-time home buyers and would like to finance with 20 percent down. Some of our friends say we should buy with less up front and now we’re […]

Will a rate hike increase mortgage rates?

Q&A

When the Fed Raises Rates Will Mortgage Rates Rise, Too?

November 6, 2017

Question: Many believe the Federal Reserve will raise interest rates in December. Doesn’t that mean we should expect mortgage rates to rise later this year? Answer: The Federal Reserve has […]

Q&A

How Much Will I Save Per Year With Bi-Weekly Mortgage Payments?

October 25, 2017

Question: We have been approached by a company that offers a bi-weekly mortgage plan. Our question is very simple: how much will we save on average per year? Answer: This […]

Q&A

Whatever Happened To Mortgages With One Percent Down?

September 11, 2017

Question: I’ve been reading about a new bunch of mortgages with one percent down but now my lender says they’re gone. Where did they go? Answer: In the eternal […]

Homeowner Tips

Should I Refinance My Student Loan With A Mortgage?

August 21, 2017

Question: I graduated from college with a LOT of student debt. In my case, I’ve been able to get good jobs and make solid money because of my education. […]