Mortgage NewsAugust 10, 2020Cracks in COVID mortgage forbearance plans start to appearAs COVID mortgage forbearance plans end, issues are coming to light for some homeowners. Here are a few questions to ask now to avoid surprises later on.
Buying a homeAugust 3, 2020Coronavirus has “die-hard urbanites” moving to the ‘burbsTons of people are moving during coronavirus. Home buying numbers are up 21% from last year. Considering a move? Here's what to know.
Mortgage StrategyJuly 31, 2020Seller concessions: How a seller can pay your closing costsA seller concession is an agreement where the home seller pays the buyer's closing costs. Learn how seller concessions work here.
Buying a homeJuly 29, 2020Want to buy a house with cash? Read this firstIf you can buy a house with cash, you'll be in a strong position to negotiate. But don't forget the drawbacks that come with cash home buying.
Mortgage NewsJuly 22, 2020Mortgage denial stats by race: What we can learnA recent report showed racial divides in mortgage approval and denial. We look closer at the data to see why, and how anyone can improve their chance of mortgage success.
Mortgage RatesJuly 21, 2020The great mortgage rates debate: Are rates set to spike or fall?Mortgage rates are at record lows. But what happens next? Will rates start to rise or will they drop again in 2020? Here are the arguments on both sides.
Buying a homeJuly 15, 20206 Tips to find a great real estate agentA great real estate agent is key to the home buying process. Here are 6 tips to find a real estate agent who fits your needs as a buyer.
RefinanceJuly 14, 2020Do you need $1 million in the bank to refinance a jumbo loan?Refinancing a jumbo loan has gotten tougher during COVID-19. Learn about new rules and jumbo refinance rates to learn whether you should refinance.
Buying a homeJuly 13, 2020How many times my salary can I borrow for a mortgage?How much mortgage can you afford? Maybe up to 6 or 7 times your salary, but the answer depends on other factors, too. Get the full story here.
About MortgagesJuly 8, 2020What does a mortgage loan originator do?A mortgage loan originator is one of the most important people in the home loan process. MLOs create the link between mortgage borrower and lender.
Mortgage NewsJuly 1, 2020States reopen 2010 mortgage relief program during COVID-19Some states are reopening a 2010 mortgage relief program, the Hardest Hit Fund, to help homeowners during COVID-19. Find out if your state is participating and what it means for you.
Mortgage RatesJune 30, 20202% mortgage rates: Real or marketing gimmick?Mortgage rates in the low 2s are now a reality. But would you actually qualify for a 2.25% rate? That depends.
Mortgage ProductsJune 26, 2020Low down payment mortgages for every home buyerThere are many mortgage programs for buyers who want no-money-down home loans, or loans requiring just a small downpayment. This is a review of some of them.
Real Estate NewsJune 23, 2020How to close on a mortgage during the COVID-19 pandemicIt might seem harder to close on a mortgage during the COVID-19 pandemic. But new rules have made parts of the closing process easier than ever.
Mortgage StrategyJune 18, 2020Are 5/1 ARM rates really the lowest mortgage rates?5/1 ARM rates are typically the lowest conventional mortgage rates on the market. But 5/1 ARMs carry more risk. Is the low rate worth it for you?
VA RefinanceJune 17, 2020COVID-19 mortgage help for vets: The VA IRRRLVeterans needing mortgage relief have a right to forbearance under the CARES Act. But for some, the VA IRRRL refinance may be a better option.
Federal ReserveJune 17, 2020For once, the Fed DOES affect mortgage rates. Here’s whySince March, the Fed has controlled mortgage rates more than usual. Find out how the Federal Reserve helped push mortgage rates to record lows.
Mortgage NewsJune 16, 2020Can you get down payment assistance during COVID-19?Buying your first house during COVID-19 presents unique challenges. But help, in the form of down payment assistance, is still available.
Mortgage StrategyJune 15, 2020Is now the time to get a reverse mortgage?The reverse mortgage is suddenly more popular, as COVID-19 forces homeowners to look for cash flow. But is a reverse mortgage right for you?