Mortgage News
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.Don’t Take Out a Mortgage to Buy Super Bowl Tickets
I came across a new partnership between ticket marketplace Stubhub and fintech company Affirm that lets you pay for purchases over time. They launched the new payment option “just in time for the Super Bowl,” per a company press release ... Read More »
Are Home Prices Going to Surge in 2020?
It’s a new year, and with that comes old questions, like will mortgage rates go up or down in 2020? And will home prices rise or fall? Well, a few months ago, you would have probably thought the answer to ... Read More »
Rocket Mortgage Becomes Official NFL Sponsor, Launches Super Bowl Squares Game
If you’re into football squares, there’s a new game available via Rocket Mortgage by Quicken Loans related to them becoming an “official mortgage sponsor” of the NFL. The Rocket Mortgage Super Bowl Squares Sweepstakes, which the Detroit-based lender is calling ... Read More »
Mortgage Rates vs. a Potential War with Iran
Well, it’s a new year and it certainly didn’t begin quietly. Might as well address the elephant in the room when it comes to your mortgage. This isn’t the first time I’ve discussed the possibility of war and its impact ... Read More »
2020 Real Estate and Mortgage Predictions
Well, 2019 is set to come to a close. It’s certainly been an interesting year (and decade), surely one to remember. But now it’s time to look forward to what 2020 might bring with regard to the housing market, mortgages, ... Read More »
2020 Mortgage Rate Predictions: Expect Flat to Better
As 2019 wraps up, it’s time once again to consider what the future holds for mortgage rates. Looking back over the past 12 months, it was another great year for anyone looking to buy a home or refinance, at least ... Read More »
2020 FHA Loan Limits Rise Five Percent from a Year Earlier
Another year, another increase in FHA loan limits, thanks to yet another rise in home prices. This is good news if you’re thinking about taking out an FHA loan, as you’ll likely be able to borrow a little bit more ... Read More »
2020 Loan Limits Rise Above $500,000 for Conforming Mortgages
It’s that special time of the year again when the Federal Housing Finance Agency (FHFA) adjusts the conforming loan limit for the upcoming year. As expected, the loan limit is going up again thanks to another year-over-year increase in home ... Read More »
Offerpad: Sell Your Home in 10 Days Without Listing It
If you’re thinking about selling your home, you may have come across a company by the name of Offerpad. They are one of the original iBuyers, or instant buyers of homes, currently operating in a dozen metros nationwide. In short, ... Read More »
Apple Pledges $1 Billion in Mortgage Assistance to First-Time Home Buyers in California
You know them for your computer, your phone, your TV streaming device, your TV programs (soon), maybe your credit card, and now possibly your mortgage too. No, it’s not quite the launch of Apple Mortgage some may have hoped for, ... Read More »
