What Mortgage Rate Can I Get With My Credit Score?
A reader recently asked, “What mortgage rate can I get with my credit score?” So I figured I’d try to clear up a somewhat complex… Read More »What Mortgage Rate Can I Get With My Credit Score?
Top Mortgage Lenders of 2023: UWM Finally #1 After Rocket’s Reign Comes to an End
We’ve finally got data for 2023 and United Wholesale Mortgage (UWM) left no doubt that it was the top mortgage lender during the year. And… Read More »Top Mortgage Lenders of 2023: UWM Finally #1 After Rocket’s Reign Comes to an End
Why Are Refinance Rates Higher? It All Has to Do With Risk
Mortgage Q&A: “Why are refinance rates higher?” If you’ve been comparing mortgage rates lately in an effort to save some money on your home loan,… Read More »Why Are Refinance Rates Higher? It All Has to Do With Risk
Does the Fed Control Mortgage Rates?
Mortgage Q&A: “Does the Fed control mortgage rates?” With all the recent hubbub concerning mortgage rates, and the Fed, you might be wondering how it… Read More »Does the Fed Control Mortgage Rates?
Fannie Mae and Freddie Mac Expect Mortgage Rates to Be Higher for Longer
Well, so much for mortgage rates falling just in time for the spring home buying season. While many expected interest rates to be lower by… Read More »Fannie Mae and Freddie Mac Expect Mortgage Rates to Be Higher for Longer
President Biden Proposes New $10,000 Mortgage Relief Credits
The Biden Administration has just unveiled a number of proposals to make homeownership more affordable. Aside from legislation to build and renovate more than two… Read More »President Biden Proposes New $10,000 Mortgage Relief Credits
Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
Lately, mortgage rates have surged higher, climbing from as low as 2% to over 8% in some cases. Despite this, home builders have been enjoying… Read More »Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
The Power of Extra Mortgage Payments
Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be… Read More »The Power of Extra Mortgage Payments
UWM Is Officially the Nation’s Largest Mortgage Lender
It’s official. United Wholesale Mortgage (UWM) is the nation’s largest mortgage lender. The Pontiac, Michigan-based wholesale lender took the top spot for all of 2023… Read More »UWM Is Officially the Nation’s Largest Mortgage Lender
What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end,… Read More »What Is a Mortgage Loan Servicer? The Company That Collects Your Payments