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Refi business is picking up on falling mortgage rates
HousingWire via Yahoo Finance· 2 days agorate mortgage (ARM) share of activity decreased to 6.3% of total applications. The FHA share of...
What Is a Second Mortgage?
US News & World Report· 4 days agoHome equity loans, piggyback loans and HELOCs are examples of second mortgages.
Are zero-down mortgages making a comeback?
The Hill· 1 day agoToday’s typical down payment for a new home is $56,000, which is out of reach of many potential buyers. One of the nation’s largest mortgage lenders is...
How to invest in real estate with little money
Yahoo Personal Finance· 3 days agoBut be sure to have your roommate sign a contract that spells out their rent and household rules before you hand over the keys. Pro tip: Home buyers can...
Mortgage experts offer advice for getting the best interest rate
Consumer Affairs· 1 day agoIn today’s dog eat dog housing market, being able to secure a lower mortgage rate can dramatically impact home affordability. From negotiating with lenders and exploring local ...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 2 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At ...
Mortgage Application Volume Jumps 15.6%
National Mortgage Professional· 2 days agoMortgage applications increased for the first time in several weeks as mortgage rates trended lower last week. The Mortgage Bankers Association (MBA)...
Americans rush to refinance their homes as mortgage rates change
Newsweek· 2 days agoMBA's Refinance Index soared 28 percent for the week and was up 28 percent from a year ago....
Biden’s FDIC pick is a Wall Street cop (who talks like a cop)
Politico· 8 hours agoHe said he wants to cut the corporate tax rate to 20 percent from 21 percent. And he claimed he would put an end to the conflicts in Ukraine and Gaza. ...deal secured — Biden ...
Summit Funding hiring lenders now for better mortgage market it sees in the future - Sacramento...
The Business Journals· 5 days agoSacramento-based private mortgage lender Summit Funding Inc. is expanding with strategic hires of...