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Why mortgage rates are doomed to stay above 7% for the foreseeable future
Business Insider via Yahoo Finance· 5 days agoGetty Images Housing experts were betting on mortgage rates to decline this year on looser Fed...
Americans paid nearly $6,000 in junk fees to mortgage companies in one year. The federal government...
Market Watch· 1 day ago“Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs,”...
GSEs Announce Enhancements To Flex Modification
National Mortgage Professional· 2 days agoThe Federal Housing Finance Agency (FHFA) yesterday announced that Fannie Mae and Freddie Mac will enhance their Flex ...
Iowa insurers cut roof coverage, leaving customers with big bills and jeopardizing mortgages
The Des Moines Register via Yahoo Finance· 1 day agoInsurance officials say they must scale back coverage because of increased claims from storms in...
Denmark has the solution to America's broken housing market
Business Insider via Yahoo Finance· 3 days agoAs a result, Danish homeowners don't cling to their low-rate mortgages the way Americans do. Their...
FHA vs. conventional loan: Which should you choose?
Yahoo Personal Finance· 4 days agoThe main differences between FHA vs. conventional loans are credit scores, down payments, and mortgage insurance. Learn which type of mortgage is right...
How to Apply for a Non-Qualified Mortgage
Investopedia· 5 days agoA non-qualified mortgage does not have to meet the lending standards of the Consumer Financial Protection Bureau (CFPB), so it can offer more flexible...
Interest rates and home prices too high? Here are some hacks to afford a Phoenix-area home
AZCentral | The Arizona Republic via Yahoo Finance· 1 day agoGet a roommate who pays rent More lenders are also accepting documented renter or roommate rent income for a homebuyer to qualify for a mortgage. Mortgage
CFPB To Probe Home Sale Closing Costs
Investopedia· 2 days agoThe government's consumer watchdog agency is asking the public for comment on home loan closing costs, which have surged over the last few years. Buyers...
Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime
NY Post via Yahoo Finance· 6 days agoHacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and...
