A recent report from CoreLogic revealed that “piggybacked purchase loans” for FHA borrowers reach a new high in June of this year. While piggybacked home… Read More »Surge in FHA Loans with Piggyback Second Mortgages Could Spell Future Problems
The latest monthly national housing survey from Fannie Mae revealed an interesting contradiction. Last month, a new survey-high 39% of respondents said they expect mortgage… Read More »More Consumers Think Mortgage Rates Will Go Down and That Home Prices Are Going to Fall
The other day I noticed that mortgage rates were being advertised at some really low levels. Many quotes in the mortgage rate table on my… Read More »It’s Not a Mortgage Rate Story Anymore
If you’re thinking about purchasing a property, you’ve likely sifted through available home loan options to determine what’s best. There are lots of loan types… Read More »The Hidden Problem with FHA Loans
A new paper from Yale professor Kelly Shue argues that consumers mistakenly wait to take out mortgages and other long-term loans when the Fed is… Read More »Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage
They say not to time the market. It’s a chump’s game. If anyone had any real success at it, they’d be rich. This type of… Read More »Home Buyers Were Urged to Beat the Rush, But Are Now Being Told They Might Want to Wait
What’s better than taking on the National Association of Realtors (NAR) and winning? Well, launching your own flat-fee, AI-powered real estate service just months after… Read More »New Flat-Fee AI-Powered Real Estate Buyer Agent Service Called Landian Launches
I went for a walk today and starting thinking about mortgage debt. I know, pretty lame. But that’s what apparently goes through my head when… Read More »I am Debt-Averse, But Don’t Mind Having a Mortgage
If you’re looking to save money on your next mortgage, a mortgage broker might be able to help. A firm by the name of Polygon… Read More »New Study Says Mortgage Brokers Save Consumers More Than $10K
In an effort to boost affordability for those most in need, Rocket Mortgage has launched a new program called “Welcome Home RateBreak.” Similar to their… Read More »Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers
