Here’s a strange one – a new company by the name of Loftium is offering down payment money and “monthly mortgage assistance” if you agree… Read More »Loftium Offers Mortgage Assistance If You Airbnb Your Extra Bedroom
Before you panic, take comfort in the fact that mortgage rates probably won’t do too much in 2017, just as they haven’t in recent years,… Read More »2017 Mortgage Rates Are Expected to Stay in the 4% Range
Whoa. In an unexpected turn of events, online real estate brokerage Redfin has launched a new mortgage service called, you guessed it, “Redfin Mortgage.” Well,… Read More »Redfin Mortgage Now Available in 20 States and DC
Black Knight Financial Services is apparently working on its own “mortgage-specific FICO score” to better determine individual mortgage borrower risk, instead of simply looking at… Read More »Black Knight Is Working on Its Own Mortgage Credit Score
You’ve heard the news. President Trump announced a freeze on the expected 25-basis point FHA premium cut just a week or so after it was… Read More »The Pros and Cons of Trump’s FHA Premium Cut Freeze
My friend asked me the other day if I’d rather have a low mortgage rate or pay a lower price for a home. I paused… Read More »Would You Rather Have a Low Mortgage Rate or Pay a Lower Price for a Home?
Let’s get political – just kidding. Let’s talk about data that involves presidential elections and mortgage rates, more specifically, what happens to rates during an… Read More »Mortgage Rates vs. Presidential Inaugurations: Is There a Correlation?
Well, another year has passed, and not just any year. Some have referred to 2016 as the worst year ever, though I’m a little more… Read More »2017 Mortgage and Real Estate Predictions
Just when you thought things were cooling off, home prices surprised us with yet another killer year. Tomorrow, Zillow will release the November edition of… Read More »Home Prices Rise at Fastest Pace Since 2006
Fannie Mae and Freddie Mac have launched a new loan modification program for troubled mortgages known as “Flex Modification.” In a nutshell, the new flexible… Read More »Fannie and Freddie Launch Flex Modification Program: No Paperwork Required in Some Cases
