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Consumers Keep Getting It Wrong About Mortgage Rates

Fannie Mae survey shows that consumers expect mortgage rates to be higher in 2016 -- but that's what they say EVERY year. Are consumers finally right? Will mortgage rates finally go higher?

Mortgage Rates Today – Should I Lock Today’s Rate?

Current mortgage rates and mortgage market movement. Today's mortgage rates and mortgage news. Live rate quotes available. News and data provided by MBSQuoteline, a real-time mortgage market data service available to loan officers, real estate agents, and other finance professionals.

Breakdown of No, Low & Minimum Down Payment Mortgage Loans

An updated list of low- and no-downpayment mortgages available to today's home buyers. Updated for 2016. Includes access to today's live mortgage rates.

The Falling Cost Of U.S. Homeownership

Homeowners are paying 16% less mortgage interest as compared to just 6 weeks ago. It's allowing them to build equity faster and, therefore, personal wealth.

Freddie Mac: Mortgage Rate Win Streak Hits 6 Weeks

2016 mortgage rates are defying expert predictions. Instead of rising toward 5%, rates are dropping -- big time. Analysis and access to quick, live quotes.

What Is A Mortgage Refinance, In Plain English

How to refinance a mortgage, plus explanations of "special" programs such as HARP, FHA Streamline Refinance, VA IRRRL. Get today's rates which are below four percent for many U.S. borrowers.

Préstamo convencional con 3% de pago inicial disponible a través de Fannie Mae y Freddie Mac

Lea aquí las preguntas y respuestas completas sobre el nuevo Programa Conventional 97. Esta publicación permanecerá activa con fines de archivo. Para los compradores de viviendas actuales, existe una gran combinación de hipotecas bajas y sin pago inicial para elegir. Fannie Mae y Freddie Mac ofrecen una hipoteca básica con 5% de pago inicial. El […]

First-Time Home Buyer’s Guide To Making A Downpayment

This post discusses down payments; and, is part of a four-part series meant to help first-time home buyers buy their first home, and get approved for their first mortgage.

A Refinance Wave Is Now Underway

Mortgage rates are dropping -- far quicker than experts projected. It's sparking a refinance boom. Homeowners cite all sorts of reasons for doing a refi.

Programas hipotecarios frecuentes en la actualidad que no requieren un pago inicial del 20% por parte de los compradores de viviendas

Tasas hipotecarias cerca de los niveles históricos más bajos El año 2015 se proyecta como otro año sólido para el sector de la vivienda en los Estados Unidos. Las ventas de viviendas están aumentando, la oferta de viviendas está bajando y los precios están subiendo en muchas ciudades y vecindarios. Asimismo, lastasas de interés hipotecarioestán […]

How Long Would It Take You To Save For A 10% Down Payment?

For buyers in Hawaii, it would take more than 25 years just to save 10% for a down payment on a home. Thankfully, you don't need to save for 10%. Mortgage options are plenty for today's buyers of homes.

Préstamos hipotecarios del USDA – Tasas y requisitos para los préstamos del USDA

La exactitud de la información sobre el préstamo del Departamento de Agricultura de los Estados Unidos (USDA) se remite al día de hoy, 25 de septiembre de 2015. Si usted obtiene su información sobre el préstamo hipotecario del USDA en otro lado, corrobore la fecha de publicación del artículo para cerciorarse de que esté actualizado. […]

4 Ways To Keep Your Mortgage Closing Costs Low

Mortgage borrowers make the same common mistakes which increase their mortgage closing costs. How to make better choices for your purchase or refinance home loan.

Should You Borrow From Your 401(k) To Purchase A Home?

When buying a home, 401(k) retirement plans can be used to fund your downpayment. How this choice affects your finances, and a review of your other options.

Shopping For Mortgages: Mortgage Rate vs Mortgage Fees

When you're shopping for a mortgage, which is more important -- getting a great mortgage rate or paying fewer mortgage fees? An analysis for rate shoppers.

Live In Your Own Rental Building And Call It A Primary Residence

Owning a rental building and living in it can be an excellent way to save money on your mortgage, while building home equity for your future. How to do it.

How Can I Build Home Equity More Quickly?

Few assets build wealth as well as real estate does. Learn about home equity, how it works, and how you can accelerate its growth on your own home(s).

Refinance Mortgage Brand Names: FHA, VA, USDA, & Conv.

The "mortgage refinance" goes by many names -- The IRRRL, the FHA Streamline Refinance, the Rate-and-Term, and others. Which is which, and how to qualify for the one you want.

8 Ways To Get A Mortgage Approved (And Not Mess It Up)

It's easier than ever to get a mortgage loan approved, but certain behaviors can ruin your loan-in-process. A detailed list, plus access to today's rates.

Mortgage Rates Unmoved By January Non-Farm Payrolls

The January Non-Farm Payrolls report beat expectations, but mortgage rates are holding their own. Could this be your last chance to get low rates before market sentiment shifts?

With Mortgage Rates Down, You Can Expand Your Home Shopping “Price Range”

Between the holidays and the Super Bowl, mortgage rates dropped by a lot. As a result, today's home buyers have a lot more home purchasing power.

All About Mortgage Escrow Accounts For Mortgages

Escrowing your taxes and insurance reduces your lender's risk, and can earn you a lower, better mortgage rate quote. Escrows can also simplify your life.

Freddie Mac: 30-Year Mortgage Rates Drop For 5th Straight Week

Freddie Mac reports 30-year mortgage rates down yet again. Wall Street didn't expect it and today's low rates open home buying and refinance opportunities.

Staging Your Home Helps It Sell 73% Faster, On Average

Selling your home? Make sure you stage it for sale. Staged homes sell 73% faster than non-staged homes; and sell at higher prices, too. Here's how to do it.

Is It Smart (Or Stupid) To Co-Sign On A Mortgage?

When you co-sign on a mortgage, you put your name on another person's loan as a guarantee against default. Is this smart or stupid or something in-between?

Interested Party Contributions: Getting The Home Seller To Pay Your Mortgage Closing Costs

"Seller concessions" allow a home buyer to have its mortgage closing costs paid by the home seller. Option available for FHA, VA, USDA, Conventional, and jumbo mortgages.

Fed Survey: Mortgage Lenders Rapidly Lowering Loan Approval Standards

A Fed survey shows mortgage lenders making it drastically easier to get mortgage-approved. Been denied for a mortgage in the past? It's time to re-apply.

Will Mortgage Rates Start Rising After Friday’s Non-Farm Payrolls Report?

Non-Farm Payrolls releases Friday. Your mortgage rate quote is likely to change. More on the January jobs report and how it can affect your mortgage loan.

First-Time Home Buyers Actually Love FHA Mortgages

Along with low mortgage rates and other great traits, FHA loans are assumable. You could sell your home in 2020 with today's sub-4% rates attached. Learn more and get today's live FHA rates.

How Mortgage Lenders Make Your Mortgage Rate Quote

When you're shopping for a mortgage, banks will give you varying rate quotes. But, how much of that is the bank's fault? And, how much is because of you?

Looking for low mortgage rates today? You're not alone. Millions of U.S. consumers shop for mortgage rates annually. Some get the lowest mortgage rates available and others overpay.

Shopping for a mortgage can be a challenge. This is because mortgage rates change all day, every day. Plus, there's no formula to show where rates will go next.

Mortgage rates can change up to 5 times daily, reacting to world news, economic events, and Wall Street sentiment. The rates you see from a lender in the morning are rarely the same rates that you'll see in the afternoon. And, certainly, by the next morning, mortgage rates have changed again.

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As mortgage rates have dropped since 2009, tens of millions of U.S. homeowners have refinanced their homes. To "refinance" is to replace your current mortgage with a new one -- often one with a lower mortgage rate.

Refinances come in three main varieties -- the cash-out refinance, the cash-in refinance, and the rate-and-term refinance.

With a cash-out refinance, a homeowner converts home equity into cash, with no restrictions on how the cash is used. Some homeowners use cash-out mortgages to pay for home repairs; or, to pay for a college or post-graduate education; or, to fund downpayments for a future home purchase.

Cash-in refinances are the opposite of cash-out refinances. With cash-in refinances, homeowners lower the amount owed on the home -- often to eliminate mortgage insurance or to get access to lower mortgage rates. Less than 5 percent of all refinances are of the cash-in variety.

The most common refinance type, then, is the rate-and-term refinance.

In a rate-and-term refinance, the homeowner lowers its loan's current mortgage rate; shortens its loan's term (i.e. length in years); or, does both. An example of a rate-and-term refinance is lowering your mortgage rate from 6% to 4%.

Rate-and-term refinances are available for all loan types, and some versions are "branded", as with the FHA Streamline Refinance and VA Streamline Refinance (IRRRL) programs. The Home Affordable Refinance Program (HARP) is also a rate-and-term refinance program.

At today's mortgage rates, the typical refinancing homeowner can reduce monthly payments by one-fourth.

Banks are making it easier to get approved for a mortgage today, which is great news for US. home buyers. Low- and no-downpayment mortgages are more abundant than during any period in the last 10 years; and, mortgage rates today are lower than they've been in history.

For buyers with a budget and a plan, buying a home has never been easier.

Home shoppers who want to make the smallest downpayment possible have access to the VA loan and the USDA loan -- both of which allow for 100% financing. Backed by the Department of Veterans Affairs and the U.S. Department of Agriculture, respectively, these programs require no downpayment whatsoever and provide flexible approval standards for eligible buyers.

Today's buyers also have access the FHA mortgage which requires just 3.5% down. The FHA is the world's largest insurer of mortgage loans and mortgage rates for FHA mortgages rival the mortgage rates offered on conventional loans backed by Fannie Mae or Freddie Mac.

Meanwhile, for buyers making a downpayment of twenty percent or more, mortgage options are plentiful, including access to construction loans for financing home improvements.

First-time buyers, repeat buyers, and real estate investors are benefiting from today's low mortgage rates and access to a wide array of products.