Does the Fed Control Mortgage Rates?
Mortgage Q&A: “Does the Fed control mortgage rates?” With all the recent hubbub concerning mortgage rates, and the Fed, you might be wondering how it… Read More »Does the Fed Control Mortgage Rates?
Mortgage Q&A: “Does the Fed control mortgage rates?” With all the recent hubbub concerning mortgage rates, and the Fed, you might be wondering how it… Read More »Does the Fed Control Mortgage Rates?
Well, so much for mortgage rates falling just in time for the spring home buying season. While many expected interest rates to be lower by… Read More »Fannie Mae and Freddie Mac Expect Mortgage Rates to Be Higher for Longer
The Biden Administration has just unveiled a number of proposals to make homeownership more affordable. Aside from legislation to build and renovate more than two… Read More »President Biden Proposes New $10,000 Mortgage Relief Credits
Lately, mortgage rates have surged higher, climbing from as low as 2% to over 8% in some cases. Despite this, home builders have been enjoying… Read More »Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be… Read More »The Power of Extra Mortgage Payments
It’s official. United Wholesale Mortgage (UWM) is the nation’s largest mortgage lender. The Pontiac, Michigan-based wholesale lender took the top spot for all of 2023… Read More »UWM Is Officially the Nation’s Largest Mortgage Lender
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end,… Read More »What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
How Much Lower Should Mortgage Rates Be to Refinance? Unfortunately there is no one-size-fits-all answer to this question Because no two loan scenarios (or homeowners)… Read More »The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
If you’re new to real estate and preparing to make an offer on a property, you might be wondering what mortgage is best for a… Read More »What’s the Best Mortgage for First Time Buyers?
It’s time for another mortgage match-up: “Cash out vs. HELOC vs. home equity loan.” Yes, this is a three-way battle, unlike the typical two-way duels… Read More »Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?