Mortgage News - Page 24

Despite rising home prices, American housing is actually quite affordable. According to new data, today’s home buyers actually have “historically high levels of house-purchasing power.”

Can you get a mortgage if you owe back taxes? Fannie Mae says you can, if you follow these tips.

It looks like 2018 is going to be another good year for housing. According to new data, mortgage applications were up the first week of the year, and last month, they jumped nearly 8 percent. Does that mean more competition's on the horizon?

The government shutdown might impact your government mortgage -- VA, FHA and USDA loan programs are all backed by the government and will be affected to some degree.

Homeowners are refinancing in droves. According to new data, refinances accounted for 40 percent of all closed loans in December, and on just conventional loans, the refinance share was nearly half.

Home buyers love the FHA loan's mortgage rates and small downpayment requirement. This year, FHA is loosening guidelines even more to prompt homeownership.

It seems the recently passed tax legislation may have some hidden benefits for this year’s home buyers. According to a new report, the changes could slow home price growth by as much as 4 percent.

Finding the right home buying partners is now easier than ever, thanks to a brand new mortgage-specific search engine. Dubbed Vendor Surf, the tool lets buyers find companies in 75 different categories to help with their home purchase and mortgage process.

If you want a low-risk home purchase, steer clear of Florida. The Sunshine State claims 10 of the nation’s 16 riskiest housing markets — markets where prices are outpacing incomes and rents are more affordable than mortgages.

Amazon Alexa users can now use their device to make payments on their Rocket Mortgage loans, among other mortgage-related tasks.

The Fed hiked rates for just the fifth time since the financial crisis. What does that mean for mortgage rates?

The mortgage experience is not completely equal for the male versus female Millennial homebuyer.

While the mortgage application is still about as much fun as a DMV appointment for most, at the end of the day, borrowers are happy with their lenders and their home loans.

Housing inventory is rising in many markets. That should increase the supply of affordable homes for new buyers.

Home prices have risen alarmingly recently, putting pressure on first-time buyers to find affordable properties. But things might be improving for those trying to buy a home this year.

Fannie Mae and Freddie mac loan limits will go up in 2018 for most borrowers. find out about your area's loan limit here.

Builders are confident and doing well, and new home construction is up. This is good news for buyers who are looking for affordable homes

Mortgage refinancing is popular again, as interest rates fall.