Tim Lucas spent 11 years in the mortgage industry before joining Full Beaker to head up its mortgage websites. He's helped thousands of families buy and refinance real estate at banks and mortgage companies, and now continues that mission as Managing Editor of The Mortgage Reports. Tim has been featured in national publications such as Time, U.S. News and World Report, MSN, Scotsman Guide, and more.
The USDA has launched its own version of the streamlined refinance program, similar to HARP and the FHA streamline refinance. No credit scores, no appraisals, and very low mortgage rates.
Owners of vacation homes are discovering low rates and easier qualification standards for second home refinances. Get cash out, lower your rate, and make your vacation residence more affordable.
Federal Reserve stays “patient” — for now The third Fed meeting of the year adjourned on May 1 and mortgage rates are benefitting. The group continued on the “patient” path […]
President Trump took to Twitter to advise a 1% rate cut and further stimulus from the Federal Reserve.
Mortgage rates are dropping to new lows. May could provide some of the lowest rates seen since early 2018 or even late 2017. This is the chance mortgage rate shoppers have been waiting for.
Know more about mortgage rates, and you’ll get a better rate. Understand how rates are made and how to best shop for FHA, VA, USDA, & conventional loans.
A conventional refinance can lower your rate, pay off any loan, remove mortgage insurance, and more. Conventional refinance guidelines and rates for this year.
The USDA loan process is not very different than for any other loan type. The typical process and timeline when getting a USDA loan.
The USDA mortgage does not require a down payment, but closing costs can add up. USDA closing costs plus ways to pay for them.