Significant events happen in the mortgage market every day. Lending rules change constantly, and rates are always in flux. We give you the news, but also the “so what” factor: how market changes affect your home finance plans. Whether you plan to buy or refinance, our reports will help you make the best decisions and lower your homeownership costs.
FHA Loans · Home Buying · News
January 1, 2024
Federal Housing Administration (FHA) mortgage loans were originally introduced so that those with less than 20% down could buy a home. Generally, those with a small down payment are lower-income […]
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News · Understanding Mortgages
November 15, 2022
The application process to get a mortgage may seem a little daunting with all the information you reveal. But just because you get through the application doesn’t mean it’s over, […]
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November 15, 2022
Since 2009, USDA home loans have helped over 650,000 families buy a home with zero down payment. The popularity of this home loan is no surprise. It’s one of the […]
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Mortgage Rates · News · VA Home Loans
November 15, 2022
A VA Streamline Refinance is also known as an Interest Rate Reduction Refinance Loan, or IRRRL, because it is designed to help homeowners lower their mortgage rate quickly and easily. […]
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Ask Tim · FHA Loans · News · Refinance
July 25, 2022
The FHA streamline refinance allows borrowers to reduce their rate with no pay stubs, no W2s, and no appraisal. But is an FHA streamline possible while simultaneously removing a borrower […]
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June 18, 2022
As the housing market continues to come back to life, one of the fallouts over the past year or so has been low valuations in home appraisals, according to the […]
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June 1, 2022
If you’re looking to buy a house in Maricopa County, Arizona, and you’re coming up short on your down payment, there’s help. The Home in Five Advantage Program offers a […]
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June 1, 2022
The National Association of Realtors House Affordability Index for 2012 hit an all-time high of 193.5, which eclipsed the previous record of 186.4 for 2011. Unlike interest rates and home […]
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HARP · HARP 3.0 · News · Refinance
June 1, 2022
Editor’s Note: The HARP program expired December 31, 2018, and a popular replacement option, the Freddie Mac Enhanced Relief Refinance (FMERR) loan expired September 30, 2019. However, Fannie Mae’s High […]
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FHA Loans · Home Buying · News
June 1, 2022
As of June 3, 2013, all new FHA loans will undergo some significant changes that could cost homebuyers a lot of money. The change is one of the most dramatic […]
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