Social media has been abuzz lately with news that Fannie Mae no longer requires a minimum credit score. Traditionally, both Fannie Mae and Freddie Mac… Read More »No, Fannie Mae and Freddie Mac Haven’t Abandoned Credit Scores
Now that the 50-year mortgage has been thoroughly panned and debunked as a viable affordability solution, we’re on to the next silly idea. What is… Read More »Portable Mortgages Don’t Work in the United States
There’s been a lot of buzz about a possible 50-year mortgage after President Trump teased it over the weekend on his Truth Social platform. Of… Read More »A Small Rate Buydown Makes the 30-Year Fixed Cheaper Than a 50-Year Mortgage
If you recall during the campaigning leading up to the 2024 election, Donald Trump promised to return mortgage rates to 3%, or even lower. To… Read More »Trump’s 50-Year Mortgage Is Admission He Can’t Deliver 3% Mortgage Rates
In a bid to make iBuying more lucrative for buyers and sellers, Opendoor has partnered with assumable mortgage platform Roam. The move should make it… Read More »Opendoor and Roam Partner to Push More Assumable Mortgages to Home Buyers
Welp, it has arrived. The sub-1% mortgage rate is here. It’s part of a new promotion from the nation’s top home builder, D.R. Horton. The… Read More »D.R. Horton Offering 0.99% Mortgage Rate to Lure New Home Buyers
There’s a new credit card in the works that will earn points on any mortgage payment you make each month. The Bilt Card 2.0 is… Read More »Bilt Card 2.0 Will Earn Points on Any Mortgage Payment
One mortgage lender I’ve seen advertising a whole lot lately goes by the name “Mutual of Omaha Mortgage.” I believe they originally focused on reverse… Read More »Mutual of Omaha Mortgage Review: They Lead with Low Rates, But Check the Closing Costs
Well, it happened again. The Fed cut rates and mortgage rates surged higher. Not the first time and surely won’t be the last. I warned… Read More »Why Mortgage Rates Went Up This Time
Well, it’s Fed Day again. That means we’re going to get another decision from the Federal Reserve today. At last glance, the odds of another… Read More »Mortgage Rates Tend to Go the Opposite Way of the Fed on Fed Day
