Through using AI, lenders have the potential to vastly improve their efficiency and accuracy when it...
However, it is important to make sure you are properly organized and have all the necessary material...
5 million. Reverse mortgage lenders are federally insured and regulated entities who offer home fina...
The average rates for a 30-year fixed-rate mortgage, a 15-year fixed-rate mortgage and an adjustable...
With a variety of loan programs available, such as the 30 Year Fixed Rate Mortgage, 15 Year Fixed Ra...
These loans are similar in many ways, but there are also some key differences that should be taken i...
Having to come up with a sizable lump sum of money can put a strain on the budget of any potential h...
However, inflation remains stubbornly high and is showing few signs of declining. The United States...
The Federal Reserve has kept its benchmark interest rate close to zero as it continues to support th...
While there are a variety of options available to homeowners, the following tips and tricks can help...
This article provides an overview of what mortgage points are, how they work, and how to decide if t...
is the former regulator of government-sponsored enterprises (GSEs) in the United States. In this art...
However, many homeowners are content with their current lender and don’t bother to look around for...
Bureau of Labor Statistics released the same day. According to Freddie Mac's Primary Mortgage Market...
This is great news for potential homebuyers and those looking to take advantage of lower rates. Th...
MBSs are pieces of a pool of mortgages that are packaged together and sold as bonds to investors. Be...
Home prices have been steadily increasing since 2012, and the trend has only continued its upward tr...
It can have a significant impact on the total cost of the loan and, as such, should not be taken lig...
The process involves a lot of research, paperwork, and decisions. To help make the process easier, M...
By looking at both current and past economic conditions, they provide an insightful explanation of h...
It begins by discussing the various factors that have influenced the market, such as the tightening ...
After last week's refinance record lows, this week mortgage rates have steadily risen with the avera...
The Detroit-based mortgage lender is upping the ante with its involvement in the big game; not only ...
In response to these developments, one mortgage lender has taken a rather unique approach in offerin...
The company, which was founded in 2018 by CEO James Wu and CTO Christopher Li, provides customers wi...
In recent weeks, there have been a number of promising developments towards a safe and effective vac...
A servicing advance is a measure taken by a servicer to cover any defaulted loan principal and inter...
This has left many potential borrowers with questions about what loan options might be available to ...
This article presents a different perspective on the matter, arguing that while the cutoff date shou...
Prices have risen rapidly as demand for homes outpaced supply, leading to a housing market in which ...
The tariffs were enacted in an effort to reduce the United States' trade deficit, however, many econ...
Federal Reserve in 2018 as an alternative to the London Interbank Offered Rate (LIBOR). SOFR was cre...
It is designed to help borrowers understand the process of closing a loan, saving them time and mone...
In a recent article by Canadian Mortgage Trends, it is noted that the entry-level market is becoming...
It is part of the Homeowners Mortgage Enterprises (HME) family of companies and has been in business...
It is an important milestone in any real estate transaction since all parties involved sign the lega...
According to Emerson, these rates can run as high as four and a half points higher than standard QM ...
US Department of Housing and Urban Development (HUD) has announced disaster relief for Alaskan victi...
For years, lawmakers in Washington have been debating how to restructure the two firms, which were p...
Day is a day that celebrates the life and legacy of the late civil rights leader, This day is celeb...
The article outlines the details of the closure of the FirstLine Points Program, including the fact ...
When looking to purchase a home, it’s important to understand what you’re getting and how much y...
This type of loan is beneficial for businesses that have limited assets or don't want to use their a...
The average for a 30-year fixed-rate mortgage is currently 3.04%, unchanged from one week ago. Meanw...
The Dow Jones Industrial Average (DJIA) was down 0.17 percent while the S&P 500 was up 0.61 percent....
The article notes that these grants are available to homeowners who have experienced damage to their...
It can be hard to find the courage to make that first step outside your comfort zone and start to in...
For those who take out a fixed-rate mortgage, the rate of interest and the monthly payments stay the...
The bill seeks to amend the French Language Charter, which states that all business must be conducte...
Refinancing can be a great way to reduce your monthly mortgage payments, so it is worth considering ...
Appraisals are conducted by independent third-party appraisers to determine the market value of a ho...
Reverse mortgages are a type of mortgage that allows homeowners to access a portion of their home eq...
But it can be difficult to fully commit to a place of residence, especially if you're living in some...
However, obtaining financing for a mortgage on these types of properties can be a bit more complicat...
Currently, the median home price in the United States is approximately $368,000, which is a 6 percen...
It is an opportunity to celebrate the advances made in protecting access to housing for all people a...
One of those disadvantages is unexpected costs that come with owning a property that many people don...
The report states that only 33% of homes purchased in 2016 were by first-time home buyers, down from...
The incident occurred in 2013 and was only revealed recently when the Department of Justice issued a...
This report covers current and historical mortgage rates, analysis of mortgage rate trends, and othe...
A conventional loan is any mortgage that does not conform to a government-backed program such as FHA...
With home prices increasing at unprecedented levels, rental properties becoming increasingly unaffor...
As such, they can also be a great time to reflect on what we've achieved and set some goals for the ...
Studies have shown that black households typically can only afford to purchase half of the homes tha...
There are several ways that student loans can affect a person's debt-to-income ratio and how it impa...
With the changing of the leaves and the onset of cooler weather, there’s no better time to make a ...
Foreclosure is an unfortunate result of the financial and employment crisis of recent years, and man...
He discussed the role that technology and data play in improving the customer experience, the import...
This change is part of the organization’s plan to reduce the risk of defaulting on mortgages. The ...
It is the first time in the history of the United States that this has happened, and it offers a win...
At the end of October, the average rate for a 30-year fixed-rate mortgage was 3.03%, but as of Novem...
The program includes a suite of products designed to help consumers pay down their existing debts fa...
Credit unions are cooperative financial institutions that are owned by the members, and therefore ha...
This forecast is based on expectations of an increase in inflation as the economy continues to recov...
The type of financing a company needs depends on the size and nature of the organization, its operat...
Bowers joins CMHC as a highly experienced financial leader and has worked for many notable firms, in...
The company, which was founded by former Bank of America executive Michael Nutter, launched in Octob...
With the rapid transformation of the servicing industry due to the introduction of automated systems...
According to the company's latest report, average fixed rates on 30-year mortgages closed at 3.6%, c...
This news should bring some relief to borrowers looking to enter or stay in the home-buying market. ...
The report covers both conventional loan and government loan products, including FHA, VA, and USDA l...
With over 10 years of experience in the financial industry, she has helped countless individuals and...
The servicers affected have reported a combined total of 4 million borrowers that have been impacted...
These mistakes can cost you in the form of extra fees, higher interest rates, and more. The biggest...
The article highlighted that mortgage rates, although lower than previous years, have begun to stabi...
As the housing market continues to heat up, now is a great time to make improvements that will impro...
The VA loan program is administered by the Department of Veterans Affairs (VA) and is available to b...
With over 10 years of experience in the mortgage banking industry and several awards, including the ...
This article explores some of the recent issues concerning mortgage lending, such as the problems re...
The funds will be used to expand the company's offerings and accelerate its growth. With this capita...
To accompany this change in aesthetic, MIG has also made some impressive changes to their mortgage l...
However, the current market environment has made it increasingly difficult to find properties to fli...
The CRA has been the subject of much debate over the years, particularly in light of the recent hous...
With the emergence of COVID-19, the need for better health systems and processes has become even mor...
With so many providers available, it can be difficult to know which one to choose. To simplify this ...
Founded by mortgage professional Jody Collup in 2008, BNTouch has become a leading choice for mortga...
According to the report, existing home sales dropped slightly in March, but remained close to an all...
This boom, however, is not without its challenges. Homeownership rates have risen dramatically, crea...
The association was responding to a report released on Thursday which showed that the propety sales ...
As such, it's natural to want to ensure you're optimizing the value of your property. Whether you're...
