Those new mortgage fees you’ve probably heard about are causing quite a stir. So much so that Pennsylvania State Treasurer Stacy Garrity sent a letter… Read More »27 States Oppose New Fannie/Freddie Mortgage Fees That Appear to Punish High FICO Score Borrowers
A new analysis from Zillow revealed that nearly half of mortgage applicants opted to pay points when taking out a home loan last year. These… Read More »Nearly Half of Home Loan Applicants Paid Mortgage Points in 2022
In its latest housing forecast, Fannie Mae has become much more optimistic with regard to mortgage rates. We’re talking 30-year fixed rates nearly 0.75% lower… Read More »Fannie Mae Is Predicting Much Lower Mortgage Rates by Year End
It’s time to talk mortgage rate shopping, which has become an absolute must in 2023. Simply put, you’ve got to be more proactive to get… Read More »Mortgage Rate Shopping: 10 Quick Tips to Score a Better Deal on Your Home Loan
March was a rough month for home prices. The median U.S. home price fell a sizable 3.3% in March to $400,528, the largest year-over-year decrease… Read More »Home Prices Just Experienced the Biggest Annual Decline Since 2012
A new survey from John Burns Research & Consulting found that 5.5% is the “magic mortgage rate.” By magic, they mean the threshold for a… Read More »We Need 5.5% Mortgage Rates (or Lower) to Attract Home Buyers
The nation’s leading mortgage lender, United Wholesale Mortgage, has re-launched the 1% down payment home loan. It comes at a time when housing affordability continues… Read More »Nation’s Top Mortgage Lender Launches a 1% Down Payment Home Loan
Due to ongoing mortgage rate volatility, Zillow has launched a new feature that lets users search by monthly payment. Traditionally, Zillow users would enter a… Read More »Zillow Now Lets Users Filter Homes by Monthly Payment
More mortgage M&A activity today. Homepoint announced this morning that it has entered into a definitive agreement to sell the company’s wholesale origination unit to… Read More »Homepoint Exits Mortgage Origination, Sells Wholesale Division to The Loan Store
The housing market has been stubbornly frustrating for prospective home buyers. Not only have mortgage rates doubled over the past year, but home prices remain… Read More »Home Prices Are Still Too High, But Will They Actually Come Down?
