Posts Covering Mortgage News

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?

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.

As Buyers Flood The Market, Purchases Mortgage Loans Outnumber Refis

Low interest rates, rising rents, and loosening mortgage guidelines have pushed purchase loans to a 56% market share. More loans are getting approved, too.

Regularly, Consumers Underestimate How Fast Home Prices Climb

In today's housing market, is it better to be a buyer or a seller? Data from Fannie Mae's National Housing Survey suggests both sides have advantages.

Research: Consumers Fail When Predicting Home Values, Mortgage Rates

In today's housing market, is it better to be a buyer or a seller? Data from Fannie Mae's National Housing Survey, plus access to today's live rates at levels near the lowest of all-time.

Purchases Outnumber Refis 2:1 As Buyers Flood The Market

More loans are getting approved than during any period this decade. If you've been denied for a mortgage, consider re-applying with today's average rates below 4%.

TILA-RESPA Integrated Disclosures (TRID) Changing The Way Homes Are Bought

The new TILA-RESPA Integrated Disclosures (TRID) is changing the way homes are financed. Will the mandatory 3-day "waiting periods" affect your closing?

Refinances, Purchases Still Hot In Today’s Low Mortgage Rate Environment

More refi loans are getting approved than during any period this decade. If you've been denied for a mortgage, consider re-applying with today's average rates below 4%.

Think You Know Where Home Values Are Headed? Think Again.

In today's housing market, is it better to be a buyer or a seller? Data from Fannie Mae's National Housing Survey, plus access to today's live rates at levels near the lowest of all-time.

Fannie Mae Survey: Consumers Struggle To Guess Future Mortgage Rates, Home Values

Is it a good time to buy? Or to sell? Consumers have no idea, it turns out. Read more on the Fannie Mae National Housing Survey, and get today's live rates.

Mortgage Rates Drop But Closing Costs Climb; Buyers To Face Higher Costs In 2015

Loan closing costs rose 6% in 2013 and are rising in 2014, too. Falling mortgage rates are offset by higher fees. State-by-state analysis.

Shifting Mortgage Markets: Purchase Loan Applications 30% More Likely To Close Than Refinance Ones

Purchase mortgages now outnumber refinances. Read analysis on the shift, how underwriters affect outcomes, plus today's live mortgage rates.

U.S. Renters And Homeowners Offer Their Mortgage Rate Predictions For 2014

Fannie Mae survey shows how renters and homeowners are approaching the 2014 mortgage market. See predictions, and get live mortgage rates.

HARP 3 Would Boost Refinance Activity, Reclaim Market Share From Purchases

Purchases outnumbered refinances for the 4th straight month. With home prices rising and HARP 3 on the horizon, the trend may soon reverse.

Appraisals : Rarely Required For Streamline Refinance Programs

Appraisals are rarely needed for HARP and FHA Streamline Refinance transactions.

Fannie And Freddie Pay Back 25% Of Bailout; FHA Recapitalizes

Fannie Mae, Freddie Mac and the FHA are returning to profitability. Rising home prices and falling delinquencies are primary reasons.

Mortgage Rates Rising As U.S. Economy Expands

Jobs and housing are trailing market indicators. Both have made slow, steady growth since late-2011, and, finally, mortgage rates may be catching up.

Raw Housing Stats : Homeowner And Renter Vacancy Rates

Homeownership rates are climbing within three age-group brackets. Meanwhile, rental vacancies are down nationwide.

How Long Does It Take To Close A Mortgage?

You can still close a mortgage in 30 days these days. It may not be worth the risk of trying, however.

FHA Condominium Requirements Expected To Loosen Soon

The FHA is planning to relax its condominium approval requirements, opening FHA mortgages to millions of U.S. home buyers.

2016 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)