Some would-be homebuyers are firing on a full-blown housing market crash as prices have grown far beyond what people can afford. “Crash asap, maybe one… Continue a ler »Home prices may fall, but not plummet: What buyers should know
The average 30-year mortgage rate rose to 6.73% this week from 6.35% last week. It was the highest reading on mortgage rates since 2008, further… Continue a ler »Rates approaching 7%: updates on the mortgage
A non-qualified mortgage is one of several types of home loans. It is called “non-compliant” because the borrower’s eligibility criteria or structure does not meet… Continue a ler »Non-conforming mortgages: your guide
If you watch TV, you’ve probably seen familiar voices like actor Tom Selleck touting reverse mortgages as an invaluable tool for any retiree. However, every… Continue a ler »Pros and cons of the reverse mortgage
A payment refinance allows you to withdraw your home equity, which is the difference between your current mortgage balance and your home’s value. For example,… Continue a ler »What are the tax implications of cashing in on a mortgage refinance?
With interest rates rising, getting the best mortgage rate is more important than ever. Your mortgage interest rate affects your monthly payments and how much… Continue a ler »See now how to get the best mortgage rate
Although the Fed does not directly set mortgage rates, it does exert influence. Mortgage rates are determined by economic factors such as inflation, the strength… Continue a ler »How the Fed Affects Mortgage Rates
With interest rates rising to curb inflation and recession fears escalating, you may be worried about what will happen if you default on your mortgage.… Continue a ler »Default on your mortgage? 6 ways to catch up
How Much Mortgage Can I Afford? You are eager to buy a home with a mortgage, but you are not sure how much you can… Continue a ler »Mortgage: How much can I pay, see now
When shopping for a mortgage, it can be difficult to know how to make a real comparison. Some lenders advertise rates that sound much… Continue a ler »Interest Rate vs. APR: Knowing the Difference
Home mortgage loan rates fell sharply this week as financial markets reacted to fears of an economic slowdown. The average rate on a 30-year fixed-rate… Continue a ler »U.S. mortgage rates drop below 5% – The Lowest In Four Months
Home prices continue to rise despite rising mortgage rates and housing supply — factors that typically put pressure on home prices. But the numbers still… Continue a ler »2022 property market forecast: When will house prices fall?