The 15-year mortgage: Pros and cons
With a 15-year mortgage you’ll own a home much faster and save a lot of money, but you’ll need to budget carefully for the higher
With a 15-year mortgage you’ll own a home much faster and save a lot of money, but you’ll need to budget carefully for the higher
RealtorMag Mortgage financing giant Freddie Mac devotes its entire November Insight report to exploring the warning signs from last decade’s housing price bubble and weighs
Zillow via Builder The prime 30-year fixed mortgage rate quoted on Zillow dropped eight basis points over the past week, following House Republicans’ release of
Market grows more affordable since July HousingWire Home prices continue to increase, yet affordability actually improved since July, according to the latest Mortgage Monitor report
Interest rates rose across all mortgage loan types over the week ending October 6th. By Mary Salmonsen | Builder Mortgage applications decreased by 2.1% on a seasonally-adjusted
Parents refinance their own homes to help their children compete as all-cash buyers in hot housing markets. When the purchase closes, the children pay the
Though younger members of the cohort are paying home loans off faster, the group is behind its predecessors. BUILDER Paying off the mortgage, once a
Builder Since saving enough for a down payment is difficult for many Americans, one lender if offering a creative solution to customers, reports MarketWatch staffer Jacob Passy.
Those 62 and older are sitting on $6.27 trillion, with a t. But medical expenses are expected to take a toll. Builder The National Reverse
How Lenda stands out with completely online mortgages By Brena Swanson | Housingwire Jason van den Brand, founder and CEO of Lenda, an online mortgage company,
Builder If you’re a homeowner with some extra cash, is it better to invest the money or use it to pay off your mortgage? It
By Hayley Ringle | Phoenix Business Journal The fast-growing online home buying and selling company Opendoor.com has begun piloting its mortgage and title options for customers in
Allows property inspection waiver on some low LTV loans By Kelsey Ramírez | Housingwire Fannie Mae is now following suit in the appraisal-free arena by allowing property waiver
By Catherine Reagor | The Republic Millennials overloaded with student loans now have a better chance of buying a home. The biggest mortgage backers in the country have upped
By Matthew Goldstein | The New York Times Advocates for the elderly persuaded federal housing officials two years ago to offer more rights and protections
Metros with the most tappable equity By Jann Swanson | Mortgage News Daily The housing industry has been looking for a slowdown in home price
Realtormag Mortgage financing giants Freddie Mac and Fannie Mae announced a new foreclosure prevention program that will roll out next year to replace the Home
By Diana Olick | CNBC A sharp rise in mortgage interest rates after the presidential election is starting to hit home — home sales. The
By Annamaria Andriotis | realtor.com The remaking of U.S. politics also is likely to upend the nation’s mortgage market. There are two reasons why: interest
By Jonathan Smoke | realtor.com We are bombarded by info about mortgage rates. You can’t even listen to the radio for long these days without
By Clare Trapasso | realtor.com A lot of ink has been spilled over the woes of first-time home buyers struggling to save up for a
By Hal M. Bundrick | Nerd Wallet Fixed-rate mortgage terms are steeply discounted and approaching historic levels. After another round of cuts this morning, mortgage
By Jann Swanson | Mortgage News Daily Fannie Mae’s second quarter Mortgage Lender Sentiment Survey indicates that lenders are generally upbeat about the housing market.
By Matthew Boesler | Bloomberg Increased mortgage borrowing was behind a 1.1 percent rise in U.S. household debt in the first quarter, with slowdowns in
Nearly seven million homeowners owe 125% or more of their home’s value, according to RealtyTrac Andrea Riquier | Marketwatch The housing market is healing, but
By Jann Swanson | Mortgage News Daily Home prices rose 0.7 percent from January to February according to Black Knight Financial Services. The company’s Home
By Jann Swanson Could it be that consumers actually seem to enjoy sitting at the closing table? That appears to be one finding from a recent
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By NBC News New York prosecutors told the judge who presided over Donald Trump’s hush money trial Tuesday that his sentencing should be postponed while the
By Mitchell Koch | AZ Family The frustration with Arizona’s drawn-out elections process is well-known, and one official is hoping to change that. On Monday, Maricopa
“Spirit Airlines’ bankruptcy highlights growing challenges and diminishing confidence in the viability of the low-cost airline business model.” -Shruti Gurudanti, Rose Law Group partner and
Phoenix, AZ— Maricopa County Supervisor Thomas Galvin of District 2 announced today a series of election administration reforms that will expedite the tabulation of ballots with the goal
By Business Insider It’s another two months before US President-elect Donald Trump takes office, but China is already setting boundaries between the two countries. On
By Mark Carlisle | YourValley A state bill earlier this year loosened some regulations the city of Phoenix had in place for casitas. One member of
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