mortgage news

80% of Couples Got a Joint Mortgage: Survey

At least 32% of couples cited financial stability as the reason for getting a joint mortgage. This comes as housing affordability in the country is worsening.

Mortgage Rates Drop After Climbing for Four Weeks, Demand Surges 11%

Mortgage rates for the 30-year fixed-rate loan fell 0.06 percentage points in the week ending March 7.

Long Term Mortgage Rates Fall To Historic Lows

Mortgage Rates Climb for the Second Week, Home Prices Also Sees Increase

Mortgage rate for the 30-year fixed term climbed to 6.77% this week, up by 0.13 points from last week.

Mortgage Prices Are Rising Up and Fast, Worrying Many

Recently, mortgage prices have started to increase in many market locations, some up to 3 months high. It is now worrying many homeowners and renters alike.

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.

Mortgage Price Drops Prior to House Hunting Weekend Sale

Home buyers are in for a treat as rates have dropped prior to "big house hunting weekend."

UK Sees Strong Rise In Buy-to-let Mortgage Activity

There was a 35% increase in home loans advanced to UK buy-to-let investors in November compared to a year earlier, BBC reports.

Nationwide Sets Up Online Resource To Guide Intermediaries With New Mortgage Directives

An online resource dedicated to help intermediaries get to grips with the imminent arrival of Mortgage Credit Directive was set up by Nationwide, FT Adviser reports.

Home Mortgage Tips: Understanding FHA Loans, What It Means, And What Are Its Advantages And Disadvantages

First time home buyer? You might have heard about FHA loans. An FHA loan is what you need if you do not have enough cash to drop a 20% down payment on a home mortgage. FHA, or Federal Housing Administration, was created in 1934 by the US Congress to help people be eligible for a home loan even if they have low income.

35-year Mortgages Help First-time Buyers Get On Ladder

The UK housing market has seen its first fall in the number of first-time buyers for the last four years with the increase in required deposit to buy a property now above £30,000, The Guardian reports.

Smart Money Tips: How to Invest or Spend $100,000 the Best Way Possible?

What will you do if you have $100,000? Will you instantly seek out a getaway or invest this amount of money to some assets? While spending some of this money will not hurt, what are the smartest options that one can do to a $100,000?

Top 3 Worst States to Live In for Taxes

In this debilitating and volatile economy, people are in the knack to find ways to live smartly. One can opt to avoid the states that could eat up their money’s worth. Know the top 3 least friendly states if you choose to move in.

Smart Investing: Ways to Cope up with the Volatile Market

Times are always changing especially in the economic perspective and there are infinite cues on how one can maintain that positive investment goals. USA Today details three areas where investors can focus on when the market is turning sour.

Mortgage News: What Do Mortgage Payers Miss Out when they Pay Early?

Mortgage is conceived as a responsibility and mortgage payers try to beat out their debt by paying it out early. Although paying out one’s debt early will keep one at ease in the future, there are some benefits that mortgage payers are missing out when they pay their fees earlier than on divided schemes.

Anti-Scam Tips: 3 Tips that Elders Must Know to Avoid Being Scammed

Elders are one of the targets of scammers and they should aware of these three fraud schemes to avoid being tricked.

What to Do When Home's Appraisal Is Less Than Offer Price

How should one deal with a low appraisal? One of the most disappointing things when buying a home is when the appraisal turned out to be lower than the purchase price or the offer.

Five Real Estate Cliches That Are Actually True

Let us look into some real estate cliches that we have heard many times but are actually true. If you are into real estate, for sure you have heard of the clichés in the industry which may actually be true no matter how overused they may sound.

Home Buying: Considerations when Applying for a First Home at 50

There's no age limit in buying a home or even a property, simply put being over 50 is not a problem to catch that first home buy.

Home Selling: Is 2016 the Best Year to Sell A Home?

The start of the new year pushes people to think anew and become hopeful. This change may even include planning to sell houses and move to a new location. But is 2016 the best time to sell your property?

Real Estate Market 2016: The Top 5 Hottest Cities in the Market

Which among the cities are boosting growth in the real estate market this 2016? Which among the cities are boosting growth in the real estate market this 2016? Is San Francisco continually one of the toughest contenders among the other places scoured in 2015? CNN Money determines the top five strongest real estate markets this new year.