More than two dozen trade groups have called for the reduction or elimination of loan-level pricing adjustments (LLPAs) on Fannie Mae and Freddie Mac loans,… Read More »25 Trade Groups Call for Elimination of Loan-Level Pricing Adjustments
While U.S.-based mortgage lenders (and borrowers) are expected to benefit from Brexit via lower mortgage rates, the opposite might be true across the Pond. Over… Read More »UK Mortgage Lenders Offering 0.99% Mortgage Rates
Bye Bye Britain Well, the unthinkable happened early this morning (or late last evening depending on where you live). The UK voted to leave the… Read More »Brexit vs. Mortgage Rates: How Low Might They Actually Go?
If you didn’t hear the news, LeBron James and his Cleveland Cavaliers won the NBA championship. It’s pretty amazing because they did so after being… Read More »A Bank Is Offering Discounted Mortgage Rates Because Cleveland Won an NBA Championship
This seems to be a theme lately – super low or no down payment mortgages. The latest of these not-so-novel loan programs comes courtesy of… Read More »Guaranteed Rate Launches 1% Down Payment Mortgage Program
It feels a little like 2006, but it’s entirely different, or so they say. A lender by the name of Quontic Bank based out of… Read More »There’s a New ‘Lite Doc’ Loan in the Mortgage World
I had a nice little Sunday yesterday, strolling around a beach city south of Los Angeles with some friends of mine who were visiting from… Read More »Borrowers with Mortgage Rates of 4.25% and Below Less Likely to Sell Their Homes
Here’s yet another post in my growing series of wondering if home prices are too high. Earlier this week, Black Knight Financial Services noted that… Read More »3 Signs Another Housing Crisis Is Just Around the Corner
We all know home prices are getting more expensive every day, and as a result, you may be looking for 100% mortgage financing when it… Read More »Looking for 100% Mortgage Financing? Check Your Local Credit Union
It’s been a busy month for the launch of low-down payment mortgages… It turns out Chase also has a 3% down offering, though it wasn’t… Read More »Chase Also Launched a 3% Down Payment Mortgage
