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!
Category: Mortgage News
2 out of 5 borrowers shorten their term to refinance home as refinanced mortgage rates are near all time low, according to Freddie Mac.
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.
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.
Read about mortgage servicing, how it affects home mortgage rates, and what mortgage lenders provide it.
Learn about how 3 year ARM and other adjustable rate mortgage programs are growing in popularity.
Learn about how home mortgage rates, home loans interest rates, and consumer debt in general went down in Q3 2013.
The housing rebound and rising home values have sparked interest for home equity lines of credit and home equity loans once again.
The FHA issued two mortgage letters explaining its new approach to credit problems that may affect borrowers' abilities to get approved for a mortgage.
Every week, the MBA releases its Mortgage Application Weekly Survey, charting the level of application activity for over 75 percent of U.S. residential mortgage lending.