Yesterday, President Trump released a memo calling for the temporary pause of grants, loans, and other financial assistance programs. The executive order was intended to… Read More »Trump’s Funding Freeze Causes Uncertainty for Government-Backed Mortgages
Last week, President Donald Trump demanded that “interest rates drop immediately” while addressing the World Economic Forum in Davos, Switzerland virtually. He mentioned the falling… Read More »Trump May Get His Wish of Lower Mortgage Rates Granted, But Not for the Right Reasons
To say it’s been a bad 12 months for home sales would be a massive understatement. Today, the National Association of Realtors (NAR) reported that… Read More »Existing Home Sales Fall to Lowest Level Since 1995
Now that tapping home equity is back in fashion, I figured it’d be helpful to see who the top HELOC lenders are. This is especially… Read More »The Largest HELOC Lenders in the Nation (Updated for 2025)
Well, we’re just one day into Trump’s second term and there are already rumblings of new residential housing policy. While it’s still all just talk,… Read More »FHA Life of Loan Premiums Might Be Scrapped Under Trump
Well, President Donald Trump is officially back in office after the long-awaited inauguration took place today in Washington D.C. He was sworn in as the… Read More »Mortgage Rates Begin Above 7% to Start Trump’s Second Term in Office
Let’s talk about HELOC rates. If you’ve had a home equity line of credit (HELOC) for a while, you likely saw your interest rate rise… Read More »HELOC Rates Expected to Continue Falling in 2025
Welp, another day in 2025, another mortgage lender calling it quits. This time it’s depository Washington Federal Bank, or WaFd for short. The Seattle-based bank,… Read More »WaFd Bank Exits Single-Family Mortgage Lending Business
As I’ve said before when talking about mortgage, what a difference a week makes. Or even a couple days. If you’re new to mortgage rates,… Read More »Mortgage Rates Get Boost from Bessent and Soft Economic Data
Mortgage Q&A series: “What is a letter of explanation for a mortgage?” If you’re currently going through the joyful process of obtaining a home loan,… Read More »What Is a Letter of Explanation? Your Chance to Talk to an Underwriter
