Posts Covering Mortgage News
April 21, 2016 in Mortgage News
For the third year in a row, according to the 2016 Home Buyer and Seller Generational Trends Report, the largest group of home buyers was the millennial generation.
April 21, 2016 in Mortgage News
Low interest rates, rising rents, and loosening mortgage guidelines have pushed refinances to a 45% market share. But purchase loans control today's market.
April 12, 2016 in Mortgage News
Mortgage applicants enjoy access to more information than ever before. Use these six tools to make the best decision about your mortgage.
March 17, 2016 in Mortgage News
Low interest rates, rising rents, and loosening mortgage guidelines have pushed refinances to a 47% market share. More purchases are getting approved, too.
March 16, 2016 in Mortgage News
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.
March 7, 2016 in Mortgage News
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? Probably not.
March 1, 2016 in Mortgage News
As current mortgage rates drop, more than 7 million U.S. homeowners are potentially eligible to refinance to lower rates and lower monthly payments.
February 3, 2016 in Mortgage News
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.
July 1, 2015 in Mortgage News
The new TILA-RESPA Integrated Disclosures (TRID) is changing the way homes are financed. Will the mandatory 3-day "waiting periods" affect your closing?
April 17, 2014 in Mortgage News
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.
November 22, 2013 in Mortgage News
Purchases outnumbered refinances for the 4th straight month. With home prices rising and HARP 3 on the horizon, the trend may soon reverse.
January 27, 2013 in Mortgage News
Appraisals are rarely needed for HARP and FHA Streamline Refinance transactions.
August 11, 2012 in Mortgage News
Fannie Mae, Freddie Mac and the FHA are returning to profitability. Rising home prices and falling delinquencies are primary reasons.
July 30, 2012 in Mortgage News
The FHA is planning to relax its condominium approval requirements, opening FHA mortgages to millions of U.S. home buyers.
July 25, 2012 in Mortgage News
In San Bernardino, California, government officials want to seize and restructure up to 30,000 mortgages in the community.
June 25, 2012 in Mortgage News
The Greek elections and FOMC announcement did little to change mortgage rates last week. New data on home sales are expected this week.
June 22, 2012 in Mortgage News
Early Friday, the Greece government announced that it's close to forming a coalition government. This has been initially bad for U.S. mortgage rates
June 21, 2012 in Mortgage News
FHA refinance applications doubled last week after the FHA lowered mortgage insurance premiums for some of its borrowers.
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)