Category: MortgagePage 6 of 7

Freddie Mac Weekly Mortgage Rate Survey for March 3rd, 2022

ARIZONA HOMEOWNERS: APPRAISAL CREDIT UP TO $600 CASH-OUT – DEBT CONSOLIDATION – HOME IMPROVEMENT – PURCHASE CALL OR MESSAGE ME FOR TERMS AND CONDITIONS Why wait for worsening…

RATE ALERT!!! LOCK, LOCK, LOCK !!!

RATE ALERT!!! 10 YR TREASURY DROPPING LIKE A ROCK. LOCK YOUR REFI OR PURCHASE TODAY!!! Why wait? Take advantage of historically low rates while you can. How do…

Freddie Mac Mortgage Rate Survey for February 24, 2022

From Freddie Mac: “Even with this week’s decline, mortgage rates have increased more than a full percent over the last six months. Overall economic growth remains strong, but…

JUMBO LOAN WITH ONLY 3.5% DOWN???

Are you kidding me? We just received access to a new Jumbo loan product: $1.5 million dollar loan with only 3.5% down. Terms and conditions apply – not…

The Difference Between Mortgage Deferment and Forbearance

More homeowners are in search of mortgage relief due to the COVID-19 pandemic, and options like mortgage deferment and mortgage forbearance are becoming readily available to those in…

Understanding Mortgage Basics

Many Americans begin looking for a home to buy without understanding the fundamentals of applying for a mortgage or what it takes to qualify for one, according to…

Conforming Mortgage Limits Rise for 2017

The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing…

FHA Condo Financing Changes: What to Know

First-time buyers as a share of the housing market continues to lag, and with interest rates potentially going up as soon as December, things could potentially get worse…

FHA Condo Financing Changes: What to Know

First-time buyers as a share of the housing market continues to lag, and with interest rates potentially going up as soon as December, things could potentially get worse…

Why Buyers May Find Mortgages Easier to Get

Good news for potential home shoppers: A Mortgage Bankers Association index shows lender requirements regarding credit scores, down payments, and other key terms are finally loosening up. Some…

A Guide to Finding Mortgage Savings

Many borrowers are paying more than they need to for a mortgage because they didn’t shop around for lenders enough, according to a new study released by the…

FHA Fee Cuts Likely to Lure More Buyers

Last week, the Federal Housing Administration announced it will cut its annual mortgage insurance premiums, likely resulting in about $900 in savings for borrowers and potentially opening the door…

Blame Banks, Not Borrowers

In an editorial this Sunday, The New York Times blasted those who warn of a new foreclosure crisis stemming from the recent loosening of credit standards for cash-strapped…

Mortgage Changes for 2015

GSE’s Detail Low Downpayment Program On December 8, 2014, Fannie Mae and Freddie Mac released details on new mortgage product offerings that will provide access to qualified borrowers…

3% Down Payment May Be Game Changer

Mortgage giants Fannie Mae and Freddie Mac announced Monday that first-time home buyers can now qualify for loans with down payments as low as 3 percent. That will…

HAMP Borrowers Can Earn Extra $5K Reward

The government is throwing in more incentives to keep borrowers who modify their loans through the Home Affordable Modification Program (HAMP) current on their mortgages. HAMP borrowers who…

Majority Unaware of Down-Payment Assistance

Seventy percent of adults in the U.S. say they’re unfamiliar with down-payment assistance programs for middle-income home buyers in their community, according to a NeighborWorks America survey of…

Mortgage Loans Just Got Easier To Obtain

Fannie Mae and Freddie Mac’s new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers…

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