Mortgage RatesMay 18, 20202.5% mortgage rates are here. What’s next — 2%? Or even 1%?2.5% mortgage rates are here. Will we see mortgage rates dropping more? The same forces pushing down rates are still with us. Here's what it could mean.
Mortgage RatesMay 12, 2020The mortgage rates ‘sweet spot’ is finally here. Should you refinance?Mortgage rates are in a sweet spot right now — still near record lows, with guidelines loosening back up so homeowners can actually qualify for new loans.
Buying a homeMay 11, 2020Buying a home during coronavirus: How a contactless sale worksBuying a home during coronavirus is still possible. Here's how to navigate the contactless home buying process and move forward with your purchase.
Mortgage NewsMay 4, 2020No lump-sum payments required in COVID mortgage forbearance plans: FHFAFHFA announced a new rule about coronavirus mortgage forbearance that protects homeowners from foreclosure after the forbearance period is over.
Cash Out RefinanceApril 30, 2020What is a home equity loan? Home equity loans and HELOCs explainedA home equity loan lets you tap into your home's cash value. Learn how home equity loans and lines of credit work, and when to get one.
ForecastsApril 29, 2020Will mortgage rates plummet after COVID-19? Mortgage rate predictions for late-2020
FICO & Credit ScoresApril 28, 2020Free credit reports are now available weekly instead of yearly. Here’s how to get yoursBecause of coronavirus, free credit reports are now available on a weekly basis from Equifax, Experian, and TransUnion. Here's how to get yours.
Cash Out RefinanceApril 27, 2020Homeowners are using cash-out refinances for emergency funds. Should you?U.S. homeowners could tap millions in home equity to help them through coronavirus financially. Is a cash-out refinance a good idea for you?
RefinanceApril 22, 2020Should I refinance amidst coronavirus fallout? 13 million homeowners are trying to decideMortgage rates have been falling, but is it worth refinancing during the coronavirus pandemic? For millions of homeowners, the answer might be yes.
ForecastsApril 21, 2020Breaking: This agency predicts 2.9% mortgage rates by 2021Fannie Mae predicts mortgage rates in the record-low territory for the rest of 2020 and 2021. What that would mean for home buyers and refinancers.
Real EstateApril 14, 2020Find out about deed restrictions on your property before it’s too lateDeed restrictions limit what you can build or do on a property. They're common for condos, but can apply elsewhere. Here's how to find out about deed restrictions on your property.
Mortgage NewsApril 9, 2020How to request mortgage forbearance under the CARES Act: Use this hardship letter templateUse this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.
About MortgagesApril 8, 2020How to get an online mortgageThe market has seen a surge in digital mortgages lately, removing much of the tedious, manual work and streamline the transaction significantly.
Mortgage NewsApril 6, 2020Mortgage mayhem: Lenders pull gov’t loans, refuse to lock, and raise credit score minimumsFalling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.
Mortgage NewsApril 6, 2020Housing affordability increases, reaching highest point in three yearsThough the start of 2020 has had its challenges, it also has a new silver lining: increased housing affordability in many markets.
Real EstateApril 1, 2020Is it STILL a good time to buy a house?It's been a good time to buy a house since mid-2019, with low rates creating record affordability. But is now, amid coronavirus, still a good time to buy?
Mortgage NewsApril 1, 20202020 new construction features: Walk-in closets, energy-efficient lights & moreIf buying a new construction property is on your radar in 2020, you can expect a walk-in closet, low-E windows, and energy-efficient lighting.
Mortgage NewsMarch 31, 2020Jumbo, low-doc, alt-doc mortgage loans disappear overnightNon-QM mortgages (like jumbo loans and bank statement loans) disappeared from the market overnight. They could be gone for 2 weeks, a month, or more.
Mortgage NewsMarch 30, 2020You’re laid off due to COVID-19 — Will your mortgage be denied?Workplace shutdowns make it hard to verify your employment. Does that mean your mortgage application will be denied? Here's what you should know.
Economic NewsMarch 26, 2020Phase Three coronavirus stimulus bill to include stimulus checks and moreThe Phase Three coronavirus stimulus bill, currently in the works, will likely include large stimulus checks and other direct benefits for U.S. households.