The housing market is getting stranger by the day. While affordability has arguably never been worse, prices are rising and there are virtually no homes… Read More »New Real Estate Listings Fall 25%, Total Homes on Market Reaches a Record Low
The mortgage space is unique from a lot of other businesses in that the customer isn’t always right. And special offers are typically few and… Read More »Chase Offering $200 If It Can’t Meet or Beat Your Mortgage Offer
Lately, there’s been a lot of talk about buying now and refinancing later, once mortgage rates drop. Of course, that’s if mortgage rates do indeed… Read More »Navy Federal No-Refi Rate Drop: Lower Your Mortgage Rate for Just $250
There was a new top mortgage lender in Illinois in 2022, per the latest HMDA data. And it was Chicago’s very own Guaranteed Rate, which… Read More »Top Illinois Mortgage Lenders
Mortgage rate Q&A: “Why are mortgage rates different?” Why is the sky blue? Why are clouds white? Why won’t your neighbor trim their tree branches?… Read More »Why Are Mortgage Rates Different?
You’ve heard it a million times, but I’ll say it again. It pays to shop around for your mortgage. Freddie Mac told us a while… Read More »CFPB: Choosing a Cheaper Mortgage Lender Could Save You $100 a Month
If you haven’t heard, the 30-year fixed has once again surpassed 7%, at least by some accounts. After settling in around 6.5% in early May,… Read More »Why Are Mortgage Rate Spreads So High Right Now?
As housing affordability wanes, mortgage lenders have gotten increasingly creative to help borrowers qualify. The latest innovative product is “Movement Boost,” a zero-down FHA loan… Read More »Movement Mortgage Launches Zero Down FHA Loan
Rocket Mortgage is the latest company to offer a 1% down payment mortgage to address ongoing affordability concerns. The new program, coined “ONE+,” offers a… Read More »Rocket Mortgage ONE+: The Latest 1% Down Home Loan Program
Those looking to buy a home, along with existing owners, may have come across the term “mortgage rate lock-in effect” lately. It’s a relatively new… Read More »What Is the Mortgage Rate Lock-In Effect?
