Mortgage News - Page 8

Use this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.

Falling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.

Though the start of 2020 has had its challenges, it also has a new silver lining: increased housing affordability in many markets.

It's been a good time to buy a house since mid-2019, with low rates creating record affordability. But is now, amid coronavirus, still a good time to buy?

If buying a new construction property is on your radar in 2020, you can expect a walk-in closet, low-E windows, and energy-efficient lighting.

Non-QM mortgages (like jumbo loans and bank statement loans) disappeared from the market overnight. They could be gone for 2 weeks, a month, or more.

Workplace shutdowns make it hard to verify your employment. Does that mean your mortgage application will be denied? Here's what you should know.

The Phase Three coronavirus stimulus bill, currently in the works, will likely include large stimulus checks and other direct benefits for U.S. households.

Single and ready to buy a home? According to a new analysis, single homeownership is at its highest rate since at least 1900.

Mortgage forbearance can defer your loan payments for up to 12 months if you're laid off or under financial stress due to COVID-19. Here's how it works.

COVID-19 has been labeled a "natural disaster" by credit agencies. Here's what the government is doing to help credit scores and how to protect yourself.

Home value growth is finally on the rise again. In fact, according to newly released data, home values are up nearly 4% from just one year ago.

Two Fed rate cuts didn't drag mortgage rates down, but quantitative easing to combat COVID-19 might. Here's why we're NOT hoping for new record-low rates.

The Fed cuts rates to zero, but mortgage rates didn't follow. Now it's up to lenders to decide when to lower rates again.

According to a new analysis, The recent drop in mortgage rates has caused a spike in overall housing affordability — especially in Dallas.

Record-low mortgage rates came and went. Last week saw a return to 4% rates and increased closing times. Here's what borrowers can do to help their cause.

While the coronavirus outbreak is certainly no good news, it appears there may be a silver lining to look forward to — at least for hopeful homebuyers.

Thanks to record-low mortgage rates, refinancing activity has jumped in recent weeks — especially with older-aged Millennials.

If worries of the coronavirus have you shying away from buying that dream house, one one brokerage has you covered.

You may have heard that the lowest rates ever are here. But are they still available?