Way to rain on our parade, Fannie Mae and Freddie Mac. Just when mortgage rates were hitting record lows, the pair decided to add a… Read More »Fannie Mae and Freddie Mac Mortgage Refinances Just Got More Expensive
Everything you’ve ever wanted to know about refinancing a mortgage, which is essentially replacing your dusty old home loan with a brand new shiny one.
One of the problems with refinancing a home loan right now is that mortgage rates keep falling. As such, you might find the need to… Read More »Is a 2.25% 30-Year Fixed Mortgage Rate in the Cards?
While lots of lenders have recently cut back on offerings that aren’t backed explicitly by the government, some are rolling out new loan programs to… Read More »Despite COVID-19, You Can Still Get a Jumbo Home Loan
We’ve finally got some clarity regarding what happens after mortgage forbearance in terms of obtaining a subsequent home loan. The Federal Housing Finance Agency (FHFA),… Read More »There Will Be a 3-Month Waiting Period to Get a Mortgage After Forbearance
Since the CARES Act rolled out in early April, more than four million Americans have reportedly put their mortgage payments on hold for up to… Read More »Will Forbearance Prevent You from Getting a Mortgage in the Future?
Today we’ll review NewDay USA, a mortgage lender that is geared specifically toward veterans and active duty military. Like other mortgage companies, they offer both… Read More »NewDay USA Mortgage Review: A Mortgage Company Designed for Veterans
While the CARES Act has allowed millions of homeowners nationwide to put their mortgage payments on hold, doing so has left lots of questions for… Read More »Fannie Mae and Freddie Mac Agree to Buy Mortgages in Forbearance
The current solution for those struggling to make mortgage payments due to COVID-19 is mortgage forbearance. It allows homeowners to “pause” mortgage payments for anywhere… Read More »Could a Cash Out Refinance Be a Better Solution Than Mortgage Forbearance?
The nation’s top retail mortgage lender just knocked it out of the park, despite the ongoing coronavirus pandemic. Quicken Loans CEO Jay Farner was on… Read More »Quicken Loans Just Had Its Biggest Month in History