Mortgage News - Page 16

More buyers can take advantage of the energy savings an LEED home provides. The number of LEED-certified homes has jumped nearly 20 percent since 2017.

Mortgage rates are now nearly 2% below where experts thought they would be. What does the rest of 2019 hold for rates?

With rates at three-year lows, Millennials are finally hopping on the refinance bandwagon. Refis accounted for 14 percent of all Millennial loans in June.

Denmark is offering negative mortgage rates on 10-year loans. This is iron-clad proof that mortgage rates can go lower, despite a historic run downward.

Low mortgage rates haven’t caused an uptick in demand just yet. In fact, according to new data, only about one in 10 buyers faces a bidding war in today’s market — a steep drop from last year, when 45 percent of buyers saw competition when bidding on a house.

VA refinance rates are hitting new lows. How to capture a rate quickly with very little paperwork and effort.

Want high returns on that next fix-and-flip? Then buy a house near an ALDI grocery store.

It looks like buyers aren’t sticking close to home anymore. A full quarter of homebuyers are looking to move outside their metro area.

The latest home sales data might not reflect it, but according to a new report, consumer homebuying power is almost at a record high.

FHA is reducing its maximum loan-to-value from 85% to 80% for cash-out loans. Your strategy in light of this change.

According to a new study, half of undergrads with student loans plan to put off buying a house due to their student loans.

Home prices continued their cooldown, logging just a 3.4 percent annual increase in May. It marks the 14th straight month that prices have slowed.

Mortgage rates hold to low levels as the Federal Reserve cuts rates for the first time since 2008.

Big down payments aren’t required to buy a home. In fact, according to a new survey, a large swath of homeowners paid less than $5,000 for theirs.

American mortgage debt has offficially reached a new high. According to recent data, Americans now hold more than $9 trillion in mortgage balances — up around $1 trillion from just three years ago.

If a new House bill is passed through the Senate, first-time homebuyers could see lower up-front mortgage costs as a result.

Home equity is up and rates are down. But homeowners refuse to tap into equity for major financial goals like a college education or home improvements. Is that a mistake?

Higher degrees generally come with higher incomes, but it turns out they’re not a requirement for buying a home. In fact, according to a new analysis, a high school degree offers enough income to afford a home in nearly three-quarters of the country’s biggest cities.