In yet another effort to push mortgage lending firmly into the 21st century, loanDepot has debuted its proprietary “mello smartloan” technology, an end-to-end digital mortgage… Read More »loanDepot’s Mello Smartloan Can Shorten Mortgage Closing to Just 8 Days
It’s that time again when we fret about the viability of the 30-year fixed mortgage. This last occurred in 2014 when Dick Bove warned that… Read More »Is the 30-Year Fixed Mortgage Going Extinct?
There have been a lot of unpleasant headlines regarding the state of the real estate market lately. Earlier this week, Redfin noted that only 1… Read More »Is the Real Estate Market Going to Crash in 2019?
Buying your first home can be pretty nerve-wracking. Regardless of what you pay, whether it seems like a little or a lot, there are going… Read More »What Is a Good Price for a First-Time Home Buyer?
As home prices continue to flirt with record highs nationwide, the cost of property taxes and hazard insurance can be the tipping point. For example,… Read More »The Cost of Property Taxes and Hazard Insurance
Getting a mortgage can be pretty exciting, especially if it’s your first time. It can also be a very daunting process fraught with the potential… Read More »15 Things to Do After Your Mortgage Funds Besides Buy New Furniture
In an effort to make life a little easier for its mortgage customers, Chase has launched a new suite of “flexible automatic payments,” including a… Read More »Chase Launches Free Biweekly Mortgage Payment Option
If you’ve been doing some mortgage shopping/research lately and happened to come across the phrase “non-conforming loan,” you might have some questions. At first glance,… Read More »What Is a Non-Conforming Mortgage Loan? And How Does It Affect You?
Just like that another year has passed, well almost, so it’s time once again to look forward to what the next 365 days might bring.… Read More »2019 Mortgage Rate Forecast: We Could Be in for a Big Surprise
Following the release of the 2019 conforming loan limit, HUD announced the 2019 FHA loan limits, which like the former will move higher next year.… Read More »2019 FHA Loan Limits Rise: Floor Climbs Above $300k
