It’s time to talk about assumable mortgages. Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the low 3%… Read More »Assumable Mortgages: Do They Finally Make Sense with 7%+ Mortgage Rates?
I’ve already covered the mortgage underwriter’s role, so let’s take a look at what mortgage loan processors do too. After you speak to a mortgage… Read More »What Do Mortgage Loan Processors Do? In Short, Everything to Close Your Loan!
Here’s some Q&A with regard to the home loan approval process: “What do underwriters do?” Once you actually apply for a home loan, your mortgage… Read More »What Do Mortgage Underwriters Do? Decide If You’re Approved!
If you’re having trouble obtaining a home loan, perhaps after speaking to multiple banks, lenders and even a mortgage broker, consider reaching out to a… Read More »Portfolio Lenders: A Solution for Hard to Close Mortgages
Trade In Your Old Home Loan for a New One Fundamental mortgage Q&A: “How does mortgage refinancing work?” When you refinance a mortgage, you trade… Read More »How Does Mortgage Refinancing Work?
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?
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
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
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?
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
