Recent News

Getting A Loan On A Manufactured Home

Manufactured home loans are a bit tougher to find in today's market. But they do exist, and financing terms might be simpler than you imagine.

FOMC Announcement: No Change In Rates, More Mortgage Bond Investment

The Federal Reserve voted to leave the Fed Funds Rate near 0.25% after its July 2016 meeting. Mortgage rates are dropping.

NAR: Housing Market Continues Full Force Into Summer

For the 26th straight month, the Pending Home Sales Index bested its benchmark reading of 100. It's no wonder home prices continue to rise nationwide.

What To Know About 100% USDA Mortgage Loans

The USDA mortgage provides zero-down financing to home buyers in rural and suburban communities. Learn the basics, and other advantages of this program.

FHA Smashes Homeownership Barriers In High-Priced Markets

FHA loan limits are higher across 188 U.S. counties in 2016. Now, families have access to more homes in higher-priced areas.

Simple Mortgage Definitions: Rent-To-Own / Lease Option

When you want to buy a home, but cannot be mortgage-qualified, you can look at the Rent-to-Own program. More on the program, explained in Plain English.

Census Bureau: New Homes Sales Rocket On Low Mortgage Rates

Amid low mortgage rates are rising rents home buyers are snapping up today's new construction, but at a slightly slower pace as compared to the month prior.

About The Federal Reserve, The FOMC, & The Fed Funds Rate

The Federal Reserve is the central banker of the USA. How "the Fed" works, what it actually does, and how it affects everyday U.S. mortgage rates.

Before Making A 20% Mortgage Down Payment, Read This

Making a large downpayment is not the conservative investment you believe it is. The risks of putting 20% down on a home are real. Know what you should do.

Should You Use Your Real Estate Agent’s “Preferred” Lender?

The lender that works in your real estate agent's office is a convenient choice. But how do you know they will get you the best mortgage value?

Study: Surprising Number Of Veterans Are Using The VA Loan Program

Military home buyers have an advantage over others: they need no downpayment. They use zero-down loans 7 times as often as non-military home buyers.

HARP 2: A “No Appraisal Needed” Home Loan Refinance

U.S. homeowners refinance differently since HARP 2 launched. It's easier than ever to refinance an underwater mortgage. Read more and get today's rates.

HARP Loan Program : Eligibility & Mortgage Rates for 2016

Easy-to-read HARP 2.0 mortgage guidelines with HARP mortgage rates attached. The latest news, plus live mortgage rates. Safe and secure.

This Week, Will The Fed Finally Raise Its Interest Rates?

The Federal Reserve meets this week and, although the Fed doesn't set mortgage rates, its rhetoric and actions can influence them. Analysis and advice.

3 Cost-Saving Piggyback Loan Strategies You Should Know

A piggyback loan is two loans in the place of one. Avoid mortgage insurance, plus two more strategies can reduce home financing costs.

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.

Report: Just 1-in-4 Mortgage Applications Don’t Close

The fear of getting "turned down" for a mortgage may be overblown. Nearly 75% of home buyers are getting approved -- and at very low rates, too.

VA Streamline Refinances Double As Popular Program Catches On

VA rates are sinking deeper. That's enticing more U.S. military veterans to reduce their housing costs with this homeowner-friendly program.

NAR: First-Time Home Buyers Push Existing Home Sales To 9-Year High

June home sales were strong and home supply remains tight nationwide. Prices are rising, but first-time home buyers are not deterred.

26 Months In A Row: VA Mortgage Rates Are The Best

It pays to be a veteran. Using VA Benefits and the G.I. Bill, military borrowers get access to lower rates than the general U.S. population.