Posts Covering Mortgage News

No down payment? New startup Loftium can help

One company, Loftium, has created a new opportunity, advancing the down payment for would-be homebuyers who agree to put their new home in a rental program.

What Hurricane Harvey means for real estate and mortgage rates

Natural disasters frequently affect real estate markets where they occur. But Hurricane Harvey's impact could be far more wide-reaching.

Construction jobs see gains as U.S. unemployment rate inches up in August

the US unemployment rate edged up in August and job growth was slower than analysts expected. That can cause mortgage rates to fall -- are you ready if they do?

September 2017 mortgage rates forecast (FHA, VA, USDA, Conventional)

Mortgage rates are poised to move in September. Rates are low, but they may not stay that way for long. Analysis and advice.

Home Sellers Strangely Pessimistic In A Raging Seller’s Market

We know why buyers are discouraged: lack of housing inventory? But why are sellers also pessimistic about their selling opportunities? Advice and analysis.

Why Are Mortgage Rates Still So Low?

The economy is heating up, and the Fed is on a firm rate-hike schedule. So why aren't consumer mortgage rates rising? Analysis and advice.

VA Mortgage Rates Are The Lowest, So Why Aren’t More Veterans Using Them?

Veterans have access to low VA mortgage rates, but too often, they choose another loan type. Correcting myths deter eligible veterans from the benefit.

Mortgage Rates Break Winning Streak

Mortgage rates bumped up again this week, breaking a nearly 2-month journey below 4%. Is it time to capture still-low rates?

Mortgage Rates Destined To Rise? Not According To Consumers, Says Study

Mortgage rates are poised to fall, say consumers. A record number of survey respondents are calling for lower rates, according to a new Fannie Mae Study.

Judgments? Liens? New Guidelines May Help You Qualify For A Home Loan

New mortgage credit guidelines can help you qualify for a home loan if you have liens or judgments in your credit history.

Mortgage Rates Take Hiatus From 8-Week Slide

Mortgage rates bumped up this week, but maintain their 7-week streak below 4%. Is it time to capture one of history's lowest rates?

Low Income Home Buying : 50 Cities Where You Can Buy A Home Now

Low income home buying is possible, even if you are not looking in one of the 50 most affordable markets. Qualification strategies that work in any region.

Report: Home Buyers Make Up 68% Of Mortgage Market

For 26 months straight, home buyers have made their presence known in the mortgage market. Now, home buyers represent 2-in-3 mortgage applicants.

VA Mortgage Rates: Lowest For 37 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.

Lenders May Never Again Ask You For Pay Stubs, W-2s, Or Bank Statements

Mortgages are on their way to being 100% paper-free. Consumers are loving new processes put in place by the nation's largest lending agencies.

Mortgage Rates Hold Below 4% For Fourth Straight Week

For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.

Consumers: Maybe Mortgage Rates Won’t Rise After All

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.

Mortgage Rates Drop Ahead Of Comey Testimony

For the second week in a row, mortgage rates have dropped to their lowest levels of the year. It presents another opportunity for mortgage shoppers.

VA Mortgage Rates: Lowest For 36 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.

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.

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)