Mortgage NewsAugust 12, 2019Looking for a profitable fix-and-flip? Buy near this grocery store chainWant high returns on that next fix-and-flip? Then buy a house near an ALDI grocery store.
Mortgage RatesAugust 9, 2019Which lenders offer the lowest mortgage rates?Which lenders offer the lowest mortgage rates? That changes from day to day. Here is what to look for, and how to track down the best home loan for you.
Mortgage NewsAugust 8, 2019Homebuyers are heading out of town — and this city tops their listIt looks like buyers aren’t sticking close to home anymore. A full quarter of homebuyers are looking to move outside their metro area.
Mortgage NewsAugust 7, 2019Homebuying power is up, nearing all-time highsThe latest home sales data might not reflect it, but according to a new report, consumer homebuying power is almost at a record high.
FHA RefinanceAugust 6, 2019HUD slashes FHA cash-out refinance LTV limit. What you should do nowFHA is reducing its maximum loan-to-value from 85% to 80% for cash-out loans. Your strategy in light of this change.
Mortgage NewsAugust 6, 2019Undergrads say student loans will keep them from homeownership until 35According to a new study, half of undergrads with student loans plan to put off buying a house due to their student loans.
Mortgage NewsAugust 5, 2019Home prices slow for 14th straight month; one city sees prices decreaseHome prices continued their cooldown, logging just a 3.4 percent annual increase in May. It marks the 14th straight month that prices have slowed.
Mortgage RatesAugust 1, 2019Breaking: Mortgage rates fall toward 3-year lows as the U.S. plans new tariffs on Chinese goods
First-Time Home BuyersAugust 1, 2019Homeowners are more likely to make friends than renters, new report showsAccording to new data, homeowners — especially MIllennial ones — are significantly more likely to make friends with their neighbors than renters are.
Federal ReserveJuly 31, 2019Mortgage rates hold to ultra-low levels after first Fed cut in 11 yearsMortgage rates hold to low levels as the Federal Reserve cuts rates for the first time since 2008.
Mortgage NewsJuly 31, 2019No big down payments here; survey shows most homebuyers pay 5% or lessBig down payments aren’t required to buy a home. In fact, according to a new survey, a large swath of homeowners paid less than $5,000 for theirs.
Federal ReserveJuly 30, 2019Mortgage rates could fall even more if the Fed issues a drastic cutMortgage rates are already low, but they could drop to ridiculously low levels if the Fed issues a deeper cut than markets expect.
Mortgage NewsJuly 30, 2019Mortgage debt reaches new high; D.C. homeowners claim the mostAmerican mortgage debt has offficially reached a new high. According to recent data, Americans now hold more than $9 trillion in mortgage balances — up around $1 trillion from just three years ago.
Personal LoansJuly 30, 2019Pros and cons of getting personal loans onlineShould you shop for personal loans online? In a word, yes. It's the best way to shop and ensure the best value.
Mortgage NewsJuly 29, 2019New bill could mean lower FHA mortgage insuranceIf a new House bill is passed through the Senate, first-time homebuyers could see lower up-front mortgage costs as a result.