Mortgage NewsAugust 11, 2020Homeownership hit a 12-year high during COVID — or did it?A new report put today's home- ownership rate at a 12 year high. But can home buying data during COVID be trusted? Experts are skeptical.
Mortgage NewsAugust 10, 2020Cracks in COVID mortgage forbearance plans start to appearAs COVID mortgage forbearance plans end, issues are coming to light for some homeowners. Here are a few questions to ask now to avoid surprises later on.
Buying a homeAugust 3, 2020Coronavirus has “die-hard urbanites” moving to the ‘burbsTons of people are moving during coronavirus. Home buying numbers are up 21% from last year. Considering a move? Here's what to know.
Mortgage NewsJuly 22, 2020Mortgage denial stats by race: What we can learnA recent report showed racial divides in mortgage approval and denial. We look closer at the data to see why, and how anyone can improve their chance of mortgage success.
Mortgage RatesJuly 21, 2020The great mortgage rates debate: Are rates set to spike or fall?Mortgage rates are at record lows. But what happens next? Will rates start to rise or will they drop again in 2020? Here are the arguments on both sides.
RefinanceJuly 14, 2020Do you need $1 million in the bank to refinance a jumbo loan?Refinancing a jumbo loan has gotten tougher during COVID-19. Learn about new rules and jumbo refinance rates to learn whether you should refinance.
Mortgage NewsJuly 1, 2020States reopen 2010 mortgage relief program during COVID-19Some states are reopening a 2010 mortgage relief program, the Hardest Hit Fund, to help homeowners during COVID-19. Find out if your state is participating and what it means for you.
Mortgage RatesJune 30, 20202% mortgage rates: Real or marketing gimmick?Mortgage rates in the low 2s are now a reality. But would you actually qualify for a 2.25% rate? That depends.
Real Estate NewsJune 23, 2020How to close on a mortgage during the COVID-19 pandemicIt might seem harder to close on a mortgage during the COVID-19 pandemic. But new rules have made parts of the closing process easier than ever.
VA RefinanceJune 17, 2020COVID-19 mortgage help for vets: The VA IRRRLVeterans needing mortgage relief have a right to forbearance under the CARES Act. But for some, the VA IRRRL refinance may be a better option.
Federal ReserveJune 17, 2020For once, the Fed DOES affect mortgage rates. Here’s whySince March, the Fed has controlled mortgage rates more than usual. Find out how the Federal Reserve helped push mortgage rates to record lows.
Mortgage NewsJune 16, 2020Can you get down payment assistance during COVID-19?Buying your first house during COVID-19 presents unique challenges. But help, in the form of down payment assistance, is still available.
Mortgage StrategyJune 15, 2020Is now the time to get a reverse mortgage?The reverse mortgage is suddenly more popular, as COVID-19 forces homeowners to look for cash flow. But is a reverse mortgage right for you?
USDA LoansJune 9, 2020The USDA loan map could soon shrink. Should you apply before it does?The USDA loan map might shrink after the 2020 census. If so, far fewer homes could qualify next year. If you want a USDA loan, here's what you should know.
Mortgage NewsJune 2, 2020The new post-COVID norm: Easier mortgages for all?For many, COVID-19 has lead to lower mortgage rates and easier loans. From remote closings to delayed appraisals, the virus is changing long-term norms.
Mortgage RatesJune 1, 2020Turned tables: Refinance rates stay up while mortgage rates hit record lowsIn May, mortgage rates fell into the 2s for home buyers, but stuck in the high 3s for refinancers. Here's why. Plus, 5 ways to lower your refinance rate.
Mortgage NewsMay 28, 2020Homeowners who need forbearance aren’t using it. Those who don’t, use it freely. What gives?Why are mortgage delinquency rates rising when millions of homeowners who need forbearance don't have it — and millions who have forbearance don't need it?
Real Estate NewsMay 27, 2020Will sellers or home buyers have the advantage this summer?Sellers typically have the advantage over home buyers in summer. But could COVID-19 flip the housing market? Experts weigh in on both sides.
Economic NewsMay 20, 2020Before entering mortgage forbearance, read thisCOVID-19 mortgage forbearance is here and will help millions of borrowers in the short-run. But long-term forbearance issues shouldn't be overlooked.
