Understand some common beliefs held by Millennials entering the home loans market regarding mortgage rates, credit scores, and more
Category: Mortgage News
Tight real estate inventory continues to be one of the remaining challenges in the housing market recovery, as homes in the lower price ranges across the U.S. are becoming fewer and further between, according to data from the NAR.
Read about how millennials are less likely to default on home loans, including mortgage loans, then other groups.
The FHA recently announced the elimination of a certain post payment penalty that should make the program even more popular among home buyers. Read our latest blog post for more information.
The most affordable homes are also the most likely to be kept off the market due to the current owners being underwater in their mortgages. This is a challenge for first time buyers, buyers on a budget, and the real estate market as a whole.
A study says people with FHA loans who receive counseling are less likely to default on mortgage loans.
Learn why VA loans are increasing in popularity and what kind of mortgage lenders can provide them.
As home equity levels continue to rise, cash-out refinances are becoming more and more popular.
News reports indicate that adjustable rate mortgages are making a comeback in high price markets, ones that tend to command high mortgage rates.
Read about how applications for purchasing mortgage loans rose and what this means for refinance rates.