Mortgage Tips and Advice
Improving your diet and health are common New Year’s resolutions, but improving your financial health should be a priority, too.
The following are some of the best first-time homebuyer loan options
Here are the biggest fintech trends to watch for in 2022 that will help you save time and money.
First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase.
If you’re thinking about purchasing a home in 2022, here’s what you need to know about the latest conforming loan limits.
Buying a home has never been more expensive, but if you can find one you can afford, there’s some good news after you move in: You might be able to take advantage of the mortgage interest deduction to lower your tax bill.
Here are trends to watch in 2022 relating to mortgages, housing and real estate.
It’s time for New Year’s resolutions! This year, why not add a real estate resolution or two to your list–and see if you can make it happen?
Today’s combination of low mortgage rates and high inflation is exceedingly rare. So one of those conditions is likely to end soon — and if prices remain elevated, economists say, mortgage rates will rise.
To keep yourself healthy, you make sure to schedule an annual physical. To maintain your financial well-being, it is essential to schedule an annual real estate checkup.
Whether you’re ready to purchase a home right now or you plan to wait a while, you may be interested in staying apprised of the Federal Reserve’s latest decisions.
If you’ve been on the search for housing, you’ve probably noticed that the market is incredibly competitive for both renters and buyers. As a result, the restrictions put in place earlier this year have been lifted in an effort to give a boost to the dwindling housing supply across the country.
When you are self-employed, the most challenging part of the mortgage application process often has to do with gathering proof of income and employment verification.
recent changes in Federal Housing Administration (FHA) make it easier for those with student loans to qualify for a mortgage.
A home appraisal is assumed as a compulsory step for any real estate transaction. However, some home loans may not require an appraisal and prospective home buyers and sellers are able to skip this step entirely.
One strategy for benefiting from these conditions could be to refinance your mortgage and wrap any home equity debt you have — like a home equity loan or a home equity line of credit (HELOC) — into the new loan.
Rates have mostly climbed since January, and their trajectory for the rest of 2021 depends on a factor that hasn’t played a prominent role in the mortgage market for decades — inflation.
Both prospective investors and homeowners should familiarize themselves with mortgage-backed securities as they can greatly aid in growing wealth.
Frequently, first-time homebuyers will turn to relatives to help with a down payment or to cosign on the loan. However, all the parties involved need to be very aware of the pitfalls before agreeing to this arrangement.
Springtime has arrived and people are thinking about major renovations, repairs, or restorations on their home.
Fairway Mortgage’s The Rueth Team is proud to announce the arrival of Gabe Bodner as the team’s new reverse mortgage division manager.
To lock or not to lock, that is the home buyer’s choice. However, buyers need to understand this is a commitment from both the mortgage lender and themselves to close at the agreed upon interest rate.
If you’re a real estate investor or thinking about purchasing a second home while interest rates are historically low, it’s important to be aware of new guidelines recently set by Fannie Mae and the U.S. Treasury.
As you pay on your mortgage, the loan balance goes down a little each month. Once it is less than 80 percent of the original value, you can request the PMI be removed.
Bidding wars are becoming increasingly common due to limited inventory, so it’s quite possible you could find yourself submitting one of multiple offers.
Avoid adding more than you need to your closing costs by following these tips to save on your title insurance
As a result of the increase in values during that time frame, FHFA announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase for 2021.
RenoFi offers a different approach: Homeowners can borrow up to 90 percent of their home’s after-renovation value.
If you’re thinking about purchasing a home this year, you may be surprised to discover that home prices are continuing to surge despite the economic upheaval caused by the COVID-19 pandemic.
Here’s what you need to know as you decide whether to pay off your mortgage early.