Posts Covering Mortgage News

You Don’t Need Sky-High Income To Buy A Home

A new report shows you don't need a large income to buy a home. An abundance of low-income home loans and programs are making homeownership possible for a new batch of buyers.

Consumers Overwhelmingly Predict Rising Mortgage Rates For 2017

A recent Fannie Mae survey shows a changing mindset among U.S. consumers. Now, they predict rising mortgage rates next year.

2017 To Be A Breakout Year For FHA Buyers

Home buyers love the FHA loan's mortgage rates and small downpayment requirement. In 2017, FHA is loosening guidelines even more to prompt homeownership.

Report: Home Buying Gains Steam; Buyers Dominate Mortgage Market

For 23 months straight, home buyers have made their presence known in the mortgage market, accounting for more than half of all transactions.

It’s Official: Home Buying Is Popular Again

Home values are rising, and buyers have decided homes are a good investment. Home purchases have dominated the market 2 straight years.

Mortgage Lenders Are Loosening Credit Standards Rapidly

A Federal Reserve 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.

Report: Mortgages Easier To Get Than Any Time This Decade

Mortgage credit is loosening nationwide. 3 in 4 applicants are getting approved. Lenders are nearly twice as likely to approve a mortgage application than 5 years ago.

Six Online Tools Every Mortgage Consumer Should Use

Mortgage applicants enjoy access to more information than ever before. Use these six tools to make the best decision about your mortgage.

Home Purchases Dominate Market For Nearly Two Straight Years

Home buying is popular again. Home values are rising, and homeowners in some locales are making more than $40,000 per year in home appreciation.

January 2017 Mortgage Opportunity Report: Homeowners Enjoy Rising Home Equity

In this month's Mortgage Opportunity Report, we discover that homeowners are gaining substantial amounts of equity in their homes. That opens up possibilities to tap into home equity to accomplish financial goals.

Consumers Underestimate How Quickly Home Values Rise

Home prices are rising twice as fast as consumers think they are. Lack of awareness could be costing home buyers thousands each year they delay their purchase.

3-In-5 Consumers Now Predict Higher Mortgage Rates In 2017

A recent Fannie Mae survey shows a changing mindset among U.S. consumers. Now, they predict rising mortgage rates next year.

December 2016 Mortgage Opportunity Report: Insights About Today’s Home Buyer

In this month's Mortgage Opportunity Report, we discover that today's home buyers are some of the most studious and prepared of any generation. We could see a stable housing market for years to come.

Record Numbers Of Mortgage Applicants Are Getting Approved

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.

Introducing The Mortgage Opportunity Report

In the first monthly Mortgage Opportunity Report, we dig into thousands of inquiries submitted by readers of The Mortgage Reports to find what's trending in today's market.

Half Of Consumers Now Predict Higher Mortgage Rates In 2017

A recent Fannie Mae survey shows a changing mindset among U.S. consumers. Now, they predict rising mortgage rates next year.

Consumers Underestimate How Quickly Home Values Rise

Home prices are rising twice as fast as consumers think they are. Lack of awareness could be costing home buyers thousands each year they delay their purchase.

Refinances Grab More Market Share Thanks To Low Mortgage Rates

With these low rates, it's no wonder refinances are gaining ground on purchases. What this means for homeowners and those who want to become one.

Just 1-In-20 Consumers Predicted Today’s Mortgage Rates

Fannie Mae survey shows that consumers repeatedly miss on mortgage rate predictions. But, U.S. households now think low rates could last.

Report: More Than 75% Of Mortgage Applications Now Closing

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.

2017 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)