Fannie Mae survey shows that consumers expect mortgage rates to be higher by 2017 — but that’s what they say EVERY year. Are consumers finally right? Probably not. Continue reading
Archive | Mortgage
RSS feed for this sectionWith Mortgage Rates At 3.41%, 5 Reasons To Refinance Right Now
Freddie Mac reports mortgage rates at 167-week bests. With rates this low, huge numbers of homeowners should consider doing a mortgage refinance now. Continue reading
The 10-Year Treasury Note Is A Poor Substitute For Live U.S. Mortgage Rates
The 10-year treasury is fully-decoupled from the 30-year fixed rate mortgage. Interest rate spreads are near the widest point in 2 years. Continue reading
How To Get A Mortgage If You’re Newly Self-Employed
Lenders don’t always require two years of tax returns to approved self-employed mortgage applicants. Know these strategies, and get an approval. Continue reading
Is now a good time to refinance? Refinancing in 2022
“Should I refinance my mortgage?” An analytical look at reasons to refinance, plus how to lock today’s mortgage rates with no closing costs. Continue reading
Self-employed mortgage borrower? Here are the rules
Good news for the nation’s 14-million self-employed workers — mortgage lenders are making it easier to get approved for a purchase loan or home refinance. Continue reading
Offer letter loans: Get a mortgage while you’re in between jobs
Buying a home while you’re in-between jobs, or waiting for your raise? Use the “Offer Letter” clause to get approved. Read more and connect with lenders. Continue reading
With Mortgage Rates In The 3s, It Still Pays To Shop
Mortgage rates are in the 3s, but that doesn’t mean you should skip rate shopping. Get an even lower rate with time-proven rate shopping methods. Continue reading
FHA Credit Score Standards Are Dropping In 2016
You don’t need a 720 credit score to qualify for a mortgage. FHA lenders are lowering credit score minimums by the day. Continue reading
The HomeStyle® Renovation Loan: A Less-Expensive Construction Loan Than The FHA 203k?
Using the Fannie Mae HomeStyle® Renovation loan to finance home improvements can be cheaper and more efficient than the FHA 203k rehab loan. Read more. Continue reading