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Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via Yahoo Finance· 3 days agoUnless you plan to refinance, that rate won’t ever drop, even after your balance falls below 80...
How many people can be on a mortgage?
Bankrate via AOL· 4 days agoIf the lender is willing, though, you’ll likely have to re-qualify for the loan on your own. If you have an assumable loan, this process can be a little...
Home Loan Applications See 2.7% Drop
National Mortgage Professional· 5 days agoThe Mortgage Bankers Association’s (MBA) weekly mortgage applications survey showed a 2.7% decrease in mortgage applications during the week ending April...
Daily mortgage rates for April 23, 2024: Rates edge higher this week above 7%
AOL· 6 days agoMortgage rates can fluctuate daily, so it's best to lock in a rate when you're comfortable with the...
Big-city dwellers are better off renting than buying a home everywhere, analysis says
USA Today· 8 hours agoIf you live in the big city, it’s officially better to rent than buy a home pretty much anywhere,...
2023: A Terrible, Horrible, No Good, Very Bad Year For Mortgage Bankers
National Mortgage Professional· 4 hours agoLast week the Mortgage Bankers Association (MBA) released its Annual Mortgage Bankers Performance Report for 2023, showing 36% of reporting institutions posted positive net financial income, down from 53% in 2022.
What is an alienation clause?
Bankrate via AOL· 5 days agoWhat happens if I violate the alienation clause?If a borrower fails to make good on the alienation clause, the lender has the right to take legal action...
Is a no-closing-cost mortgage really cheaper?
CNN.com· 4 days agoClosing costs are a significant expense you’ll incur when buying (or refinancing) a home, typically totaling 2% to 6% of the mortgage amount — so the...
I got a low mortgage & worked to pay home off quickly but now I'm a 'prisoner'
The US Sun· 2 days agoSue Smith, who's self-employed in the investment industry, refinanced her Nyack, New York, home in...
New 'redlining'? Des Moines neighbors fear sobering center could hinder stability, investment
Gannett via AOL· 8 hours agoRedlining came as part of a 1933 New Deal program designed to refinance home loans and get Americans...