Mortgage News - Page 7

In May, mortgage rates fell into the 2s for home buyers, but stuck in the high 3s for refinancers. Here's why. Plus, 5 ways to lower your refinance rate.

Why are mortgage delinquency rates rising when millions of homeowners who need forbearance don't have it — and millions who have forbearance don't need it?

Sellers typically have the advantage over home buyers in summer. But could COVID-19 flip the housing market? Experts weigh in on both sides.

COVID-19 mortgage forbearance is here and will help millions of borrowers in the short-run. But long-term forbearance issues shouldn't be overlooked.

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 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 home during coronavirus is still possible. Here's how to navigate the contactless home buying process and move forward with your purchase.

FHFA announced a new rule about coronavirus mortgage forbearance that protects homeowners from foreclosure after the forbearance period is over.

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?

Mortgage rates have been falling, but is it worth refinancing during the coronavirus pandemic? For millions of homeowners, the answer might be yes.

Use this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.

Falling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.

Though the start of 2020 has had its challenges, it also has a new silver lining: increased housing affordability in many markets.

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?

If 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.

Non-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.

Workplace shutdowns make it hard to verify your employment. Does that mean your mortgage application will be denied? Here's what you should know.

The Phase Three coronavirus stimulus bill, currently in the works, will likely include large stimulus checks and other direct benefits for U.S. households.

Single and ready to buy a home? According to a new analysis, single homeownership is at its highest rate since at least 1900.

Mortgage forbearance can defer your loan payments for up to 12 months if you're laid off or under financial stress due to COVID-19. Here's how it works.