Mortgage News - Page 5

The Federal Housing Finance Agency updated its Covid lending guidance for self-employed home buyers. See the latest requirements.

Consumers looking for a second home or applying for a high-balance mortgage will have to pay new fees starting April 1.

If you're eyeing a new home purchase, you're probably wondering where home prices are headed in 2022. Here's what you should know.

Rising home prices caused loan limits to increase. Find out what the new conforming and FHA loan limits are for mortgages in 2022.

2022 loan limits will be announced this month. And it's likely we'll see FHA and conforming loan limits close to $1 million. Here's what it means for you.

The Federal Reserve meeting this week should hold key information for mortgage rates. But the impact might surprise some borrowers. Here's why.

A new bill in Congress aims to provide a hugely valuable boost to low-income first-time homebuyers. Find out if you might benefit.

30-Year mortgage rates just passed 3% for the first time since June. And with big changes driven by the Fed, higher rates could be here to stay this time.

Following a Fed meeting on Sept. 22, it looks highly likely that mortgage rates will rise soon — potentially as early as October or November.

The HIRO program (high-LTV refinance option) lets homeowners refinance into today's low mortgage rates with little or no equity and easier documentation.

A new rule from Fannie Mae will help renters buy homes. If you have little or no credit history, rent payments can now help you qualify for a mortgage.

A new mortgage relief plan from President Biden will reduce mortgage payments by 20 to 25 percent for eligible borrowers. Learn about relief options here.

The Adverse Market Refinance Fee made it more expensive to refinance over the last year. Now, that fee has been removed. Learn more here.

A new bill aims to create a zero-down home loan program for teachers, firefighters, police, and other first responders. Here's what you should know.

Will rates drop again in 2021? Or will they keep going up? We asked 10 experts for their mortgage rate predictions. Here's what we found.

A new refinance option from FHFA could help low-income homeowners save $2,000 per year or more. Learn about program rates and requirements here.

Mortgage requirements are easing up. That's good news for home buyers. It may be easier to buy with low credit or a low down payment than it was in 2020.

What's the relationship between mortgage rates and inflation? Learn why high inflation might cause mortgage rates to go up this year.

Biden's proposed $15,000 home buyer tax credit is now in Congress, along with a $25,000 home buyer grant. Learn about what both programs would entail.

CFPB has proposed extending the foreclosure moratorium through Dec. 31, 2021. That would mean no COVID-related foreclosures until 2022. Learn more here.