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Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
NBC Universal via AOL· 4 days agoMortgage rates are significantly higher than they were at the start of this year, but they pulled...
Black Americans, Share Your Stories About Today's Housing Market
BuzzFeed via Yahoo News· 4 days agoThe most crucial part of building generational wealth in America is land ownership. Riska / Getty...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 6 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 2 days agoThe U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV ...
SAVE Student Loan Repayment Plan May Make Homebuying Easier
Forbes· 2 days agoThe new Saving on a Valuable Education (SAVE) student loan repayment plan may help student loan...
Income requirements to qualify for a mortgage
Bankrate via Yahoo Finance· 2 days agoKey takeaways There are no specific income requirements to qualify for a mortgage. To determine whether you'll qualify for the loan, lenders use your...
Property Transfers: Government-backed loans for first-time homebuyers harder to secure
Savannah Morning News via Yahoo Finance· 2 days agoThis article is the second in a three-part series examining the challenges for entry-level...
First-time home buyers pounce as 30-year FHA loan rate dives below 7%
Market Watch· 4 days agoMortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 6 days agoFollowing an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination ...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 2 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage limits. A jumbo reverse mortgage offers the homeowner payments or a lump ...
