mortgage

SEC Sues Former Freddie Mac And Fannie Mae CEO's Over Subprime Loan Disclosures

Mortgage Rates Decline Significantly, but Homebuilding Still Down Due To Elevated Interest Rates

The contract rate for the 30-year mortgage averaged 6.87% in the week ending June 20. Mortgage rates have seen a significant decline this week, but some homeowners in the United States are still facing foreclosure.

4 Secrets You Should Know About Mortgages: Expert

Planning on getting a home loan soon? Here are four secrets an expert said all homeowners should know.

FHA Introduces New Program That Helps Homeowners Catch up on Past Due Mortgages

The program would allow mortgage services to temporarily decrease a borrower's mortgage payments without modifying the current mortgage interest rate.
The Role of Mortgage Lenders in the Homebuying Process

4 Best Online Mortgage Lenders

While most online mortgage are legit, there are several that excel in providing excellent mortgage options and safety. Here's a list.
What is a Non-Qualified Mortgage?

4 Main Factors Lenders Review When Qualifying You for a Mortgage

Different lenders have their own specific qualifications for mortgages, but there are four main factors they review in the process. Here's a guide.
The Role of Mortgage Lenders in the Homebuying Process

Mortgage Rates Climb To Highest Level in Six Weeks, Experts Remain Hopeful for Declines Through 2024

Mortgage rates for the 30-year term rose to 6.69% this week, up 0.09 points from the week prior. The average mortgage rate for the 30-year fixed term climbed higher this week, marking the highest level recorded in six weeks.
How to Get a Mortgage

4 Tips for Finding the Best Mortgage Lender

Finding the best mortgage lender for your home-buying journey is crucial. If you're looking at financing options to suit your needs, here's a guide.
When to Pay Off Your Mortgage Early?

Mortgage Rates Dropped Under 7%, Lowest Level Recorded Since June

The 30-year fixed rate mortgage term fell to 6.67% in the week ending Dec. 21, the lowest level recorded since mortgage rates surged in June.
When to Pay Off Your Mortgage Early?

30-Year Mortgage Rate Drops To Lowest Level in 4 Months

Mortgage rates for the 30-year fixed term dropped to 6% after surging past 8% in October. Mortgage rates, especially for the 30-year fixed term, dropped to the lowest levels recorded since early August.
Pre-Existing Home Prices Dropped For First Time In 11 Years In February

Mortgage Rates Fall for 3rd Consecutive Week, Downtrend Expected To Continue

Mortgage rates have fallen for the third consecutive week after climbing to nearly 8% in October. Mortgage rates fell for the third consecutive week on Thursday in a promising sign for the housing market that stalled out after mortgage rates climbed to nearly 8% last month.
US President Joe Biden

How to Qualify For the $10B Mortgage Assistance Fund Signed by Biden

The Homeowner Assistance Fund (HAF) will provide financial support for a mortgage, rent, taxes, utilities, insurance, and homeowners association dues.
Prince Harry and Meghan Markle Oprah interview

Royal Fiasco: GoFundMe to Pay Prince Harry and Meghan Markle's Mortgage Busted

The GoFundMe page only got 3 donors with a total of $110 donation. Following Prince Harry and Meghan Markle's explosive Oprah interview that rocked the British Royal Family, a royal fan had set up a GoFundMe page to help the couple pay off the mortgage of their $14.
marriage or mortgage

New Netflix Series 'Marriage or Mortgage' Weighs on Dream Wedding vs. Dream Home

It's a battle between practicality and once in a lifetime event come true. This is the big question couples in the new Netflix series "Marriage or Mortgage" have to answer as they prepare to take their relationship to the next level.

Paying Your Mortgage Much Earlier Might Be A Wrong Choice

Paying your mortgage earlier than usual might sound good, but doing so might be a regrettable choice in the end. But why it would be a regrettable choice?

Mortgage Relief Affected as COVID-19 Assistance Ending Soon

Many are worried about the end of their COVID-19 mortgage relief assistance, which is coming soon enough. How are they going to move forward once it ends?

Why You're Denied for Mortgage Application

Rejection of one's mortgage application can be a frustrating experience. But what are those said reasons that lead to your application being rejected?

Zero Mortgage Rates Possible in Denmark for 20 Years

Danes in Denmark can enjoy mortgage rates as low as zero percent in the next twenty years, and its country of Denmark is the only known location to offer such.

Mortgage Refinancing Is Getting Both Popular and Troublesome

The popularity of mortgage refinancing is on the rise once again. However, many are bothered by mortgage applicants improperly using their homes as a mortgage.
FHA Announces Expanded Loss Mitigation Options, More Than 4 Million Homeowners With Mortgages to Benefit

FHA Expands Home Retention Measures, Wells Fargo Updates Non-Conforming Refinance Guidelines

The Federal Housing Administration has expanded home retention measures while Wells Fargo has loosened its jumbo lending requirements for current customers.
Pay Down your Mortgage Faster or Invest that Cash.edited

Should You Pay Down Your Mortgage Faster or Invest Your Cash?

To help you make a significant decision, we prepared the pros and cons of investing and paying down your mortgage.
How to Choose the Right Mortgage Lender

How to Choose the Right Mortgage Lender for You

For most homebuyers, first-timers, in particular, the mortgage process is the most intimidating. But it doesn't need to be. What you need to do before you start the process is to know the basics of mortgages.
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