Economic NewsMay 20, 2020Before entering mortgage forbearance, read thisCOVID-19 mortgage forbearance is here and will help millions of borrowers in the short-run. But long-term forbearance issues shouldn't be overlooked.
Mortgage RatesMay 18, 20202.5% mortgage rates are here. What’s next — 2%? Or even 1%?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 RatesMay 12, 2020The mortgage rates ‘sweet spot’ is finally here. Should you refinance?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.
Mortgage NewsMay 4, 2020No lump-sum payments required in COVID mortgage forbearance plans: FHFAFHFA announced a new rule about coronavirus mortgage forbearance that protects homeowners from foreclosure after the forbearance period is over.
Cash Out RefinanceApril 30, 2020What is a home equity loan? Home equity loans and HELOCs explainedA home equity loan lets you tap into your home's cash value. Learn how home equity loans and lines of credit work, and when to get one.
FICO & Credit ScoresApril 28, 2020Free credit reports are now available weekly instead of yearly. Here’s how to get yoursBecause of coronavirus, free credit reports are now available on a weekly basis from Equifax, Experian, and TransUnion. Here's how to get yours.
Cash Out RefinanceApril 27, 2020Homeowners are using cash-out refinances for emergency funds. Should you?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?
RefinanceApril 22, 2020Should I refinance amidst coronavirus fallout? 13 million homeowners are trying to decideMortgage rates have been falling, but is it worth refinancing during the coronavirus pandemic? For millions of homeowners, the answer might be yes.
Mortgage NewsApril 9, 2020How to request mortgage forbearance under the CARES Act: Use this hardship letter templateUse this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.
About MortgagesApril 8, 2020How to get an online mortgageThe market has seen a surge in digital mortgages lately, removing much of the tedious, manual work and streamline the transaction significantly.
Real EstateApril 1, 2020Is it STILL a good time to buy a house?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?
Mortgage NewsMarch 31, 2020Jumbo, low-doc, alt-doc mortgage loans disappear overnightNon-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.
Economic NewsMarch 26, 2020Phase Three coronavirus stimulus bill to include stimulus checks and moreThe Phase Three coronavirus stimulus bill, currently in the works, will likely include large stimulus checks and other direct benefits for U.S. households.
Mortgage StrategyMarch 24, 2020How to pause mortgage payments if you’re laid off due to COVID-19Mortgage 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.
FICO & Credit ScoresMarch 23, 2020COVID-19 dubbed a “natural disaster” by U.S. credit agencies. Take steps now to protect your financesCOVID-19 has been labeled a "natural disaster" by credit agencies. Here's what the government is doing to help credit scores and how to protect yourself.