Mortgage Rates at 6 Week Highs, But Why?
Mortgage rates moved firmly up to the highest levels since March 17th. Incidentally, there was a Fed Announcement on March 18th and another Fed Announcement today. While rates generally moved lower with good momentum after the last Fed Announcement, we shouldn...
Why fear of Fed action isn't sending mortgage rates skyward
The stock market is very vulnerable to the Fed, whenever it does move. Mortgages and bonds are vulnerable, too, but long-term rates are held down by Europe's troubles.
Even with mortgage rates up, buying instead of renting makes sense for many
Even with higher mortgage rates and reduced incentives in the tax code, it still makes sense for many people to buy instead of rent.
Buying a luxury home is getting pricier thanks to mortgage rate increases
Incremental increases in mortgage rates are adding hundreds of dollars in monthly costs for homebuyers, particularly high-end homebuyers.<br>The avera
Why the Fed wants homebuyers to face higher mortgage rates
Like low mortgage rates? You'll love what the Fed just did
Chairman Powell and company are sticking with policies that have been great for rates.
What Is the Role of a Mortgage Underwriter?
After a mortgage application has left the hands of the processor, it moves to the desk of the underwriter. The underwriter acts as a gatekeeper in the loan approval process. When purchasing a home, the loan cannot close or be funded without the approval of an underwriter.<br>Mortgage loan approval i
How renovation mortgages offer useful options
How renovation mortgages offer useful options to homebuyers and homeowners
4 Important Tips for Realtors: Ensuring a Smooth Mortgage Process
4 Tips to help Realtors prepare buyers/properties for the mortgage process and ensure that all critical information is promptly relayed to the lender.
How a fixer-upper mortgage can expand your homebuying options
Renovation mortgages let homebuyers get one loan that combines the purchase price with the cost of improvements. But the devil is in the details.
10 Crucial Questions to Ask Your Commercial Mortgage Broker
Looking to put an apartment building under contract? Be sure to ask these 10 questions BEFORE you apply for a loan to ensure a smooth closing!
Why New Home Sales Should Matter To You
There are many parts to a healthy housing market. Whether you’re talking about home prices, mortgage rates, new home construction, or another housing metric, each one of them have an effect o…
What Kinds Of Mortgages Are Available?
Once you have signed a contract for the purchase of your new home (or condominium or cooperative apartment), and assuming you do not have all of the cash in your bank account, you will need to obtain a mortgage loan.
How Do Renovation Loans Work
What Are The Mortgage Options For Home Renovation Loans Do you know all the options for home renovation loans? Over the years in my work for a mortgage company, I've been asked about the various options for home renovation mortgages numerous times. Before tackling a significant financial decision, most people would like to have some idea as to how a renovation loan works. Having the right…
What Realtors® need to know: An introduction to the Loan Estimate
The Loan Estimate has been redesigned to disclose of the features, costs & risks of the particular mortgage loan for which a consumer has applied earlier.
How Construct-to-Perm Mortgages Work
When building a new home from the ground up, there are two primary choices borrowers have. A construction loan and a construct-to-perm loan. Both are...
Why it's important to work with a licensed and bonded mortgage broker
Making the real estate purchase of a lifetime is a big decision. For many individuals and businesses, this means looking for a good mortgage loan deal. Mortgage brokers are an indispensable partner in this process. Today they are the most popular sellers of mortgage products because their role is to be the intermediaries between buyers and lenders.
What is a Home Equity Loan or Second Mortgage
A home equity loan -- also known as a second mortgage -- is when a mortgage lender lets a homeowner borrow money against the equity in his home.
How Dime Does Things Differently: Residential Mortgages
For Dime, it was imperative to find professional, experienced team members who know every part of the lending cycle, inside and out.
