Demand for purchase mortgages on the rise
March 22, 2014
Read about the rising demand in 2014 for purchase mortgage loans as well as refinance loans.
Category: Mortgage News
Negative Equity Rate Drops Below 20 Percent
March 8, 2014
According to recent information from Zillow, the share of homeowners with negative equity has fallen below the 20 percent mark. This is great news, and may signal a more robust housing market this spring!
Two-in-five people shorten mortgage term when refinancing
February 13, 2014
2 out of 5 borrowers shorten their term to refinance home as refinanced mortgage rates are near all time low, according to Freddie Mac.
CFPB Seeks Input on Mortgage Closing Process
February 1, 2014
As part of its "Know Before You Owe" initiative, the Consumer Financial Protection Bureau (CFPB) is reaching out for feedback on the mortgage closing process.
Fed to Begin Tapering This Month
January 28, 2014
Read about how the federal government tapered a bond program in 2014 and how it affected mortgage rates and rates for home loans in general.
What is Mortgage Servicing?
January 17, 2014
Read about mortgage servicing, how it affects home mortgage rates, and what mortgage lenders provide it.
ARM Loans Becoming More Popular
November 10, 2013
Learn about how 3 year ARM and other adjustable rate mortgage programs are growing in popularity.
Consumer Debt Down 0.7% Last Quarter
November 6, 2013
Learn about how home mortgage rates, home loans interest rates, and consumer debt in general went down in Q3 2013.
More Homeowners Tapping Into Equity
November 3, 2013
The housing rebound and rising home values have sparked interest for home equity lines of credit and home equity loans once again.
FHA Eases Credit Rules for Some Borrowers
October 20, 2013
The FHA issued two mortgage letters explaining its new approach to credit problems that may affect borrowers' abilities to get approved for a mortgage.