Buying A House? Look For These 10 Things by Molly Grace September 3, 2019 Home Buying/Selling Home BuyingHouse Hunting Shopping for a new home can be overwhelming. With such an expensive purchase and long-term commitment, you want to be certain you’re going to … Read More
Blog, news and articles
Our mortgage blog keeps you up to date on the best ways to manage loans & credit scores, as well as the top news in the mortgage lender industry.
How to Revamp Properties
How To Revamp Properties That Just Aren’t Selling by Cathie Ericson November 14, 2019 Industry Insider Real Estate Agents Stuck with a “stale donut,” as in a house that has been on the market with little traction? “While it might look … Read More
Condo Vs. Townhouse
Condo Vs. Townhouse: Which Housing Option Is Right For You? by Rachel Burris October 31, 2019 Home Buying/Selling Condo HouseHome BuyingTownhomes If you’re in the market for a new home, there are a lot of considerations that must be weighedbefore pulling the … Read More
October 2019 mortgage rates forecast (FHA, VA, USDA, Conventional)
Mortgage rates forecast for October 2019 Mortgage rates seemed to be on a never-ending path downward, that is, until September. After hitting a 3-year low of 3.49%, the 30-year fixed average jumped to 3.73% on September 19 according to Freddie … Read More
Way more than renting…
Happy homeowners Homeownership equals happiness — at least that’s what a recent survey revealed. In fact, according to a new poll, 93 percent of homeowners say having a house makes them happier than renting did. And nearly as many? They … Read More
Wondering how to factor existing student debt into your clients’ DTI ratios?
Caliber Home Loans, Inc. created this handy checklist, so you can skip study hall. FHA:Greater of 1% of balance, monthly payment per the credit report or fully amortized documented payment. Fannie Mae:Lender must include a monthly payment in the borrower’s … Read More
Home purchases increase in 33%
WASHINGTON, D.C. (September 17, 2019) – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2019 shows mortgage applications for new home purchases increased 33 percent compared to a year ago. Compared to July 2019, applications decreased … Read More
U.S. new-home sales surge in August on low mortgage rates
Sales of new homes jumped 7.1% in August to an annualized rate of 713,000, getting close to June’s 12-year high, according to the Census Bureau and the Department of Housing and Urban Development. The surge in new-home sales, which are … Read More
Study: Most first-time homebuyers feel overwhelmed and underprepared
Although homebuying is a sign of independence and a big step in many people’s lives, a new report from Framework shows that homebuyers wish they were better educated about the process before embarking on their real estate journey. The study … Read More