Articles by Tim Lucas - Page 5

USDA loans are made for moderate income earners. Income limits are based on location of the property and other factors. Find out if you qualify.

Low income home buying is possible, even if you are not looking in one of the 50 most affordable markets. Qualification strategies that work in any region.

Home supply is tight, and homes are selling fast. Mortgage rates are favorable. Is it time to enter the market?

Mortgages are on their way to being 100% paper-free. Consumers are loving new processes put in place by the nation's largest lending agencies.

The Federal Reserve meeting adjourns Wednesday and, although the Fed doesn't set mortgage rates, its rhetoric and actions can influence them. Analysis and advice.

The VA mortgage has helped thousands of surviving spouses shore up finances and reduce homeownership costs.

Home prices actually fell during the first quarter of 2017. Was the drop seasonal, or will home prices continue to decline this year?

Home equity in the U.S. is soaring. Home values are rising, but homeowners are unsure if they should get a cash out refinance. Analysis and advice.

Today's mortgage rates are low. Plus, with even just a tiny bit of preparation, you can get your lender to quote you even lower.

The majority of consumers now think getting a mortgage isn't that hard. That's a marked change from just a few years ago.

To get into your starter home, you have to "think different." Competition is fierce. Approach home buying from a different angle.

Two renovation mortgage products let you buy and repair a property with one loan. How to select one based on the property and your situation.

The Federal Reserve maintained its benchmark rate at its May meeting. No chance for another rate hike until at least June 2017. Analysis and forecast.

Median Days on Market still ultra-low as homes sell in less than a week in many U.S. cities. "You snooze, you lose", as they say. Analysis and commentary.

The VA cash out refinance is an often-overlooked but powerful program for U.S. military veterans who want to tap into home equity or pay off a non-VA loan.

A new report shows you don't need a large income to buy a home. An abundance of low-income home loans and programs are making homeownership possible for a new batch of buyers.

A study reveals that homes are much more affordable than they were at the height of last decade's housing boom despite home value increases of late.

Home affordability is at one of its highest points in a generation. Why does it feel like home prices are so high, then?

Lenders are closing refinances fast. That could help compensate for slightly higher rates. Borrowing costs are reduced with faster close times.

The Federal Reserve raised the Fed Funds Rate to a range of 0.75-1.0% at its March meeting. Why, then, are mortgage rates dropping?