Mortgage NewsDecember 9, 2019Credit standards are loosening: Buyers may now find it easier to get a mortgageWorried about qualifying for a mortgage? You might not need to. According to new data, credit standards are actually loosening.
Mortgage NewsNovember 29, 2019The best Black Friday deals for appliances, tech, home improvement, and moreIt’s Black Friday, and if you’re looking to fix up or redecorate your house, there are dozens of discounts, specials, and day-only doorbusters to help.
Real Estate NewsNovember 4, 2019Is the U.S. on the verge of its biggest housing boom ever?Some think the U.S. is about to have a massive housing boom. Will inventory go up and prices down? Experts weigh in on mortgage rates, shortages, and other factors.
Federal ReserveOctober 31, 2019Study: The real impact of Trump tweets on Federal Reserve interest policyNBER study says Trump tweets might have an impact on Federal Reserve policy. That could mean lower mortgage rates, but potentially dangerous consequences.
Mortgage RatesOctober 30, 2019Thanks to mortgage rates, buying a home is the most affordable it’s been in almost three yearsAffordable housing is a reality right now, thanks to low mortgage rates. But with housing shortages and rising prices, affordability might not last long.
ForecastsOctober 16, 20192020 mortgage and refinance rates forecast from experts2020 mortgage rates forecast: What do the experts say we can expect in terms of real estate financing costs?
Mortgage NewsSeptember 26, 2019Equity rises by $5K for most homeowners — and 5X that in some statesThe average homeowner earned about $4,900 in home equity over the last year. In some states? Homeowners gained more than five times that.
Mortgage NewsSeptember 25, 2019New study: Mortgage rate quotes vary most for low-credit borrowers, VA loans
Mortgage NewsSeptember 23, 2019Industry players encourage CFPB to remove DTI requirements from QM ruleA major industry player is urging the CFPB to remove DTI requirements from its qualified mortgage rule once the so-called “QM patch” ends.
Federal ReserveSeptember 17, 2019Here’s why the Fed is relentlessly pushing rates lower – and how it affects youThe Fed is feeling pressure to lower bank rates at this week's meeting. Learn how Trump and others are influencing the Fed, and how this might affect you.
Mortgage RatesSeptember 10, 2019As mortgage rates hit the 3s, a record 11.7 million homeowners have become refinance-eligibleMortgage rates have dropped to new lows, putting a record number of homeowners "in the money" to refinance and cut their rates by at least 0.75%, says a new report.
Federal ReserveJune 19, 2019Mortgage rates fall as the Fed hints at future rate cutsMortgage rates are in a tailspin as the Fed holds rates steady in June and hints at a significant cut this July.
RefinanceApril 2, 20195 million homeowners suddenly “in the money” to refinanceA few months ago, it didn't make sense for many homeowners to refinance. But almost overnight, nearly 5 million of them can cut their monthly payments. What's going on?
Mortgage RatesMarch 26, 2019Are 3% mortgage rates in our future? For some, they are already hereThree percent mortgage rates are a real possibility in 2019, and in fact, already here for some borrowers, according to The Mortgage Reports daily survey. See if you qualify for a rate in the 3s.
Economic NewsMarch 21, 2019Brexit pushes mortgage rates to 13-month lows. What mortgage shoppers should do nowBrexit drama is pushing down US mortgage rates. Should mortgage shoppers act now or wait for rates to drop even lower?
Real Estate NewsJanuary 28, 2019Boomers shy away from downsizing, focusing on home improvements insteadBaby Boomers are shunning the idea of downsizing. According to a new survey, more and more older Americans are opting to age in place — and they’re focusing big on home improvements to make it happen.
Economic NewsJanuary 26, 2019Shutdown lessons: How much emergency savings should you have?The shutdown of the US government, and the financial difficulties furloughed workers face highlights the need for emergency savings. How much do you need, and how do you get it? Find out here.
Real Estate NewsJanuary 26, 2019Cash-out refinancing easier for furloughed workers, just in case the government shuts down again in FebruaryIt no secret that the 800,000 furloughed federal workers affected by the nearly 40-day government shutdown are struggling. Fortunately, three industry players have stepped up to help.
Mortgage NewsJanuary 11, 2019Mortgage shutdown problems: If you’re furloughed and face a late mortgage paymentGovernment shutdown victims and others can find ourselves in impossible financial difficulties where we face a late mortgage payment. Here's what to do.