Mortgage Q&A: “What is a gift letter?” A reader recently inquired about mortgage gift letters, so instead of simply answering their question, I figured I’d… Read More »What Is a Gift Letter for a Mortgage? Know the Key Requirements
It turns out 2017 was a banner year for mortgages, just not all of them. A total of $1.148 trillion in home purchase mortgages were… Read More »2017 Was the Best Year for Home Purchase Mortgages Since the Market Peak
With the red hot real estate market showing no signs of letting up, prospective home buyers need to get increasingly creative in order to land… Read More »HUD Homes: Buy a Foreclosed Home for a Potential Discount
Before mortgage rates began their recent upward trajectory to start off 2018, quite a few mortgage refinances squeaked through the door. Some 446,295 refinances were… Read More »There Are Still Nearly 90,000 Borrowers Who Could Benefit from a HARP Refinance
I came across a flyer today from loanDepot advertising a 150-day rate lock for borrowers interested in today’s mortgage rates, who are worried (like everyone… Read More »loanDepot Has a 150-Day Rate Lock for Those Who Want Today’s Rates This Summer
Well, it’s been a stressful couple of weeks, and the way the stock market is swinging at the moment, it doesn’t appear to be abating.… Read More »Higher Mortgage Rates Likely to Have Little Effect on Housing Market
Call it a sign of the times, or perhaps the power of the sharing, or “gig” economy. You can now officially use Airbnb income to… Read More »Airbnb Income Can Officially Be Used to Qualify for a Mortgage Refinance
File this one under: why didn’t we (they) think of this sooner. While it might seem like a no-brainer in hindsight, top reverse mortgage lender… Read More »Top Reverse Mortgage Lender AAG Now Offering Forward Mortgages
Anyone watching this space knew it was going to happen, but perhaps not this fast. Quicken Loans officially became the largest mortgage lender in the… Read More »Quicken Loans Is the Largest Home Loan Lender for the First Time Ever
In a bid to get a leg up on the competition, Better Mortgage is allowing prospective home buyers to get an appraisal on a property… Read More »Better Mortgage Is Giving Home Buyers Pre-Offer Appraisals to Help Them Compete
