Another day, another affordable home loan program launches, this time “OneDown” from Guaranteed Rate. As the name implies, you only need to put 1% down… Read More »Guaranteed Rate OneDown: The Latest 1% Down Mortgage + $1,000 Toward Lender Fees
It’s no secret that homes just aren’t as affordable as they used to be. An unwelcome combination of significantly higher mortgage rates coupled with ever-higher… Read More »Homebuyer Assistance Programs: What’s Available These Days and Who Qualifies?
You may have heard the phrase mortgage rate lock-in effect lately. As a quick refresher, it’s a homeowner’s unwillingness to give up an ultra-low mortgage… Read More »The National Average Mortgage Rate Lock-In Effect Is Worth $55,000
It’s been a tough year for the mortgage industry, with origination volume down substantially from the boom years of 2020 and 2021. Even 2022 was… Read More »Carrington Mortgage Launches a 40-Year Mortgage to Tackle Affordability Concerns
There’s been a lot of speculation that home prices would crash as mortgage rates surged. The argument was especially convincing after the 30-year fixed climbed… Read More »Wondering Where Home Prices Go Next? Look at Inventory, Not Mortgage Rates
The mortgage deals keep coming, the latest being the new “U.S. Bank Access Home Loan,” which comes with up to $12,500 in down payment assistance… Read More »U.S. Bank Access Home Loan Offers Up to $12,500 in Down Payment Assistance and a $5K Lender Credit
Late last year, Zillow said home prices needed to come down about 25% to become affordable again. Around that same time, mortgage rates hit their… Read More »Why Are Home Prices Not Dropping?
It’s time to check out the top mortgage lenders in Nevada based on their total loan volume. Last year, more than 600 mortgage companies funded… Read More »Top Mortgage Lenders in Nevada
Well, were about halfway through the year and mortgage rates seem to have settled in around the high 6% range. While averages vary based on… Read More »Will Mortgage Rates Go Down in 2023?
Now it’s time to take a look at the top mortgage lenders in Florida based on 2022 volume. The Sunshine State is the biggest mortgage… Read More »Top Mortgage Lenders in Florida
