Posts Covering Mortgage News

Report: 6-In-10 Consumers Now Believe Getting A Mortgage Is Easy

The majority of consumers now think getting a mortgage isn't that hard. That's a marked change from just a few years ago.

Consumers See Glimmer Of Hope For Falling Rates In 2018

A recent Fannie Mae survey shows a shift in consumer attitudes about mortgage rates. Twelve months from now, say survey takers, rates could be lower.

2017 Conforming Loan Limits: First Increase In 11 Years [INFOGRAPHIC]

2017 conforming loan limits are higher by at least $7,000 compared to last year. How this will help applicants who were considering a jumbo loan.

Mortgage Approvals Get Way Easier For Those With Student Loans In 2017

Fannie Mae just unveiled surprising new rules for home buyers and refinancing homeowners with student loans. Many formerly turned-down applicants will be approved in 2017.

Report: Home Buyers Dominate Market Two Years Straight

For 24 months straight, home buyers have made their presence known in the mortgage market. Now, they represent nearly two-thirds of all home buyers.

VA Mortgage Rates: Lowest For 35 Straight Months

It pays to be a veteran. Using VA Benefits and the G.I. Bill, military borrowers get access to lower rates than the general U.S. population.

You Don’t Need Sky-High Income To Buy A Home

A new report shows you don't need a large income to buy a home. An abundance of low-income home loans and programs are making homeownership possible for a new batch of buyers.

Consumers Overwhelmingly Predict Rising Mortgage Rates For 2017

A recent Fannie Mae survey shows a changing mindset among U.S. consumers. Now, they predict rising mortgage rates next year.

2017 To Be A Breakout Year For FHA Buyers

Home buyers love the FHA loan's mortgage rates and small downpayment requirement. In 2017, FHA is loosening guidelines even more to prompt homeownership.

Report: Home Buying Gains Steam; Buyers Dominate Mortgage Market

For 23 months straight, home buyers have made their presence known in the mortgage market, accounting for more than half of all transactions.

It’s Official: Home Buying Is Popular Again

Home values are rising, and buyers have decided homes are a good investment. Home purchases have dominated the market 2 straight years.

Fast-Falling Foreclosure Rates Are Pushing Up Your Home’s Value

Falling foreclosure rates are good for the real estate market. Here's how they affect home prices and the homebuying experience.

Mortgage Lenders Are Loosening Credit Standards Rapidly

A Federal Reserve survey shows mortgage lenders making it drastically easier to get mortgage-approved. Been denied for a mortgage in the past? It's time to re-apply.

Report: Mortgages Easier To Get Than Any Time This Decade

Mortgage credit is loosening nationwide. 3 in 4 applicants are getting approved. Lenders are nearly twice as likely to approve a mortgage application than 5 years ago.

Six Online Tools Every Mortgage Consumer Should Use

Mortgage applicants enjoy access to more information than ever before. Use these six tools to make the best decision about your mortgage.

Home Purchases Dominate Market For Nearly Two Straight Years

Home buying is popular again. Home values are rising, and homeowners in some locales are making more than $40,000 per year in home appreciation.

January 2017 Mortgage Opportunity Report: Homeowners Enjoy Rising Home Equity

In this month's Mortgage Opportunity Report, we discover that homeowners are gaining substantial amounts of equity in their homes. That opens up possibilities to tap into home equity to accomplish financial goals.

Consumers Underestimate How Quickly Home Values Rise

Home prices are rising twice as fast as consumers think they are. Lack of awareness could be costing home buyers thousands each year they delay their purchase.

3-In-5 Consumers Now Predict Higher Mortgage Rates In 2017

A recent Fannie Mae survey shows a changing mindset among U.S. consumers. Now, they predict rising mortgage rates next year.

December 2016 Mortgage Opportunity Report: Insights About Today’s Home Buyer

In this month's Mortgage Opportunity Report, we discover that today's home buyers are some of the most studious and prepared of any generation. We could see a stable housing market for years to come.

2017 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)