In yet another sign that the mortgage market is completely volatile and far from liquid, top mortgage lender Wells Fargo has severely tightened its jumbo… Read More »Wells Fargo Will Only Give You a Jumbo Loan If You Have $250k in Their Bank
Typically, you pay a premium if you select a 30-year fixed mortgage versus an adjustable-rate mortgage. The reason is simple – the interest rate is… Read More »30-Year Fixed Mortgages Are Cheaper Than Adjustable-Rate Mortgages Right Now
Quick mortgage tip: “How do I know if Fannie Mae or Freddie Mac owns my mortgage?” One of the key requirements to getting approved under… Read More »How Do I Know If Fannie Mae or Freddie Mac Owns My Mortgage?
Housing supply was bad before the coronavirus epidemic reared its ugly head, and now it has gotten even worse, per new data from real estate… Read More »Real Estate Delistings Increase 148% From a Year Ago as COVID-19 Impact Grows
You may (or may not) have heard that the CARES Act is allowing a huge chunk of homeowners to request forbearance for six to 12… Read More »Generate a Mortgage Forbearance Request Letter with This Free Tool
It’s the first of the month, and with that comes fear and uncertainty that both homeowners and renters won’t be able to make payments due… Read More »How Many Homeowners Are Expected to Miss Mortgage Payments Due to Coronavirus?
So I received an unmarked piece of mail the other day, and whenever that happens, I know it’s going to contain some kind of nonsense.… Read More »I’ve Been Offered the Opportunity to Skip Two Mortgage Payments