With mortgage rates at or near record lows, a lot of existing homeowners are probably asking themselves, “Is refinancing worth it?” The problem is there’s… Read More »Is Refinancing Worth It? Consider the Costs and How Long You’ll Keep the Loan
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.
It makes sense that the mortgage industry would see its best quarter in history during a global pandemic. Okay, it doesn’t make sense, but that’s… Read More »Mortgage Lending Volume Hits Highest Level on Record Despite COVID-19
You may have heard there’s a “new mortgage fee.” And you might have been told to hurry up and refinance NOW to avoid said fee.… Read More »Beware the New Mortgage Fee Fearmongering
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
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