Mortgage News - Page 7

A 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 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.

Refinancing a jumbo loan has gotten tougher during COVID-19. Learn about new rules and jumbo refinance rates to learn whether you should refinance.

Some 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 rates in the low 2s are now a reality. But would you actually qualify for a 2.25% rate? That depends.

It 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.

Veterans needing mortgage relief have a right to forbearance under the CARES Act. But for some, the VA IRRRL refinance may be a better option.

Since March, the Fed has controlled mortgage rates more than usual. Find out how the Federal Reserve helped push mortgage rates to record lows.

Buying your first house during COVID-19 presents unique challenges. But help, in the form of down payment assistance, is still available.

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?

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.

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.

In 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.

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?

Sellers typically have the advantage over home buyers in summer. But could COVID-19 flip the housing market? Experts weigh in on both sides.

COVID-19 mortgage forbearance is here and will help millions of borrowers in the short-run. But long-term forbearance issues shouldn't be overlooked.

2.5% mortgage rates are here. Will we see mortgage rates dropping more? The same forces pushing down rates are still with us. Here's what it could mean.

Mortgage rates are in a sweet spot right now — still near record lows, with guidelines loosening back up so homeowners can actually qualify for new loans.

Buying a home during coronavirus is still possible. Here's how to navigate the contactless home buying process and move forward with your purchase.

FHFA announced a new rule about coronavirus mortgage forbearance that protects homeowners from foreclosure after the forbearance period is over.