An updated list of low- and no-downpayment mortgages available to today’s home buyers. Updated for 2016. Includes access to today’s live mortgage rates. Continue reading
Archive by Author
Today’s Mortgage Rates Analysis
Current mortgage rates and mortgage market movement. Today’s mortgage rates and mortgage news. Live rate quotes available. News and data provided by MBSQuoteline, a real-time mortgage market data service available to loan officers, real estate agents, and other finance professionals. Continue reading
Consumers Keep Getting It Wrong About Mortgage Rates
Fannie Mae survey shows that consumers expect mortgage rates to be higher in 2016 — but that’s what they say EVERY year. Are consumers finally right? Will mortgage rates finally go higher? Continue reading
FHA mortgage insurance removal: Get rid of PMI or MIP
How FHA mortgage insurance premiums work, and how to cancel your monthly MIP. With the right steps, eliminate FHA MIP in 30 days or fewer. Continue reading
5 Nosy Questions To Expect From Your Mortgage Lender
Your mortgage lender is going to ask a lot of questions as part of its home loan application. Some of the questions might seem nosy — and downright rude. Continue reading
Mortgage Requires Just 3% Down

Fannie Mae Conventional 97 Mortgage Requires Just 3% Down THE “3% DOWN MORTGAGE” FROM FANNIE MAE For buyers looking for a low-down payment mortgage option that’s not backed by the FHA, Fannie Mae has two options — the HomeReady™ mortgage and the Conventional 97. HomeReady™ is limited to certain low-income census tracts; and areas with high minority concentrations. By contrast, […]