A new week, a new 1% down mortgage product, the latest coming from Fort Washington, Pennsylvania based lender Newrez. Call it a sign of the… Read More »Newrez Enters the 1% Down Mortgage Fray with RezSource
Today we’ll take a hard look at “HomeAmerican Mortgage,” yet another home builder affiliated mortgage lender. They offer home purchase financing to Richmond American Homes… Read More »HomeAmerican Mortgage Review: Interest Rate Specials for Those Buying a Richmond American Home
Silverton Mortgage has rolled out a series of mortgages that feature 100% financing in light of ongoing affordability woes. Some of the loan programs rely… Read More »Silverton Mortgage Launches 100% Financing Across All Loan Types
The Federal Housing Administration (FHA) announced new loan limits for 2024 this week, bumping up the “floor” on FHA loans to $498,257. This represents a… Read More »2024 FHA Loan Limits Rise to $498,257
Another year, another increase in the conforming loan limit, thanks to continued home price gains. The FHFA announced today that the new limit for loans… Read More »2024 Conforming Loan Limit Climbs to $766,550
In an effort to keep more veterans and servicemembers in their homes, the VA has paused foreclosures for the next six months. The move was… Read More »Foreclosures Halted for VA Loan Holders Until June 2024 (Extended to December 31st)
A new program called “Lock It, List It” allows real estate agents to secure a mortgage rate for a buyer before the property even hits… Read More »Guaranteed Rate Launches Lock It, List It: Real Estate Agents Can Secure a Discounted Mortgage Rate for the Buyer Before They List
Mortgage Q&A: “Is now a good time to refinance my home?” If you’re one of the few people asking this question right now, the short… Read More »Is Now a Good Time to Refinance My Home?
In the spring of 2019, “Zillow Home Loans” was launched by its parent company Zillow. You probably know them best for their popular Zestimates, which… Read More »Zillow Home Loans Review: Best-in-Class Service Offered By a Household Name, But How Are the Rates?
Gone are the days of the zero-down mortgage. At least for the typical home buyer. Instead, the 2023 Profile of Home Buyers and Sellers from… Read More »Down Payments on Houses Rise to Highest Levels in Over 20 Years
