Typically, borrowers refinance their home loans to take advantage of lower mortgage rates. But recently, the average refinance has resulted in an interest rate 2.4%… Read More »94% of Homeowners Who Refinanced Recently Raised Their Mortgage Rate a Lot in the Process
The housing bears have ratcheted up their rhetoric lately, calling for an impeding crash. It’s not a crazy notion with home prices clearly unaffordable and… Read More »Today’s Homeowners Can’t Afford to Sell
It’s been tough sledding for mortgage rates over the past month. They were actually on a roll to start off 2023, falling for the entire… Read More »Why You Might Still See 5% Mortgage Rates
Mortgage Q&A: “Mortgage rates vs. home prices.” Today, we’ll look at the impact of home prices and mortgage rates on your decision to buy a… Read More »Mortgage Rates vs. Home Prices: Is There Really an Inverse Relationship?
It’s time for another edition of mortgage match-ups: “FHA vs. conventional loan.” Our latest bout pits FHA loans against conventional loans, both of which are… Read More »FHA vs. Conventional Loan: These Charts Can Help You Determine Which Is Cheaper
Better Mortgage has launched a new product called “Equity Unlocker” to help Amazon employees purchase homes. The innovative loan program allows borrowers to pledge vested… Read More »Better’s ‘Equity Unlocker’ Allows Amazon Employees to Buy Homes with Company Stock
If you’re curious who the top VA loan lenders were last year, wonder no longer. The biggest was Veterans United Home Loans. The Columbia, Missouri-based… Read More »Top VA Loan Lenders in 2022: Veterans United #1 Thanks to Large Home Purchase Share
In an effort to make mortgage costs a little more bearable, the U.S. Department of Veterans Affairs (VA) is lowering the VA funding fee. This… Read More »VA Funding Fee Being Reduced for Home Purchases and Cash Out Refis
These days, mortgage rates aren’t as cheap as they used to be. And that is the understatement of the century. The 30-year fixed is currently… Read More »Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
The housing market is in trouble. The latest blow being mortgage rates returning to 7%. But the ongoing issue has been a severe lack of… Read More »Can Free and Clear Homeowners Save the Housing Market?
