Buyers Needing USDA Home Loans Get a Do-Over
January 1, 2022
Homebuyers in suburban areas who would have missed their shot at a zero-down home loan will get a do-over. USDA home loan eligibility map changes will not take effect in […]
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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 Reduces 2015 Mortgage Insurance Premiums
January 1, 2022
In a landmark announcement, FHA said it will reduce its monthly mortgage insurance premium in January 2015. The move will save the average home buyer $100 per month and could […]
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Hidden Costs of Buying a Home
January 1, 2022
You found it. It’s a perfect house for you with all the amenities you have been looking for, and it’s the right price. But how much do you really need […]
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Credit Repair Companies: Can They Help? You Bet They Can.
January 1, 2022
You are ready to buy your dream house. You go to a recommended loan officer to get a preapproval. Smart. But after pulling your credit report, the loan officer says […]
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FHA HAWK Program: Homeowners Armed With Knowledge Get Lower FHA Mortgage Insurance Rates
January 1, 2022
As early as the fall of 2014, the Federal Housing Administration (FHA) could give home buyers a break on mortgage insurance premiums through the Homeowners Armed with Knowledge, or HAWK, […]
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6 Reasons It Might Be Time to Move
January 1, 2022
Selling your present home and buying another one takes contemplation, reflection, insight and research. But let’s be real. You have many reasons why you want to move into something different. […]
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How To Find the Best Loan Officer
January 1, 2022
We’ve all seen them and heard them – offers that seem too good to be true. When shopping for a mortgage or looking for the best loan officer for your […]
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Home Buying · News · Private Mortgage Insurance
Lender-Paid Mortgage Insurance (LPMI): Why It Can Pay Off in Today’s Market
January 1, 2022
If you don’t have 20 percent down to buy a house these days, you will be paying mortgage insurance of some kind. Mortgage insurance just helps the lender have reassurance […]
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FHA Reduces 2017 Mortgage Insurance Premiums
January 1, 2022
Editor’s note: FHA rolled back this proposal, and FHA mortgage insurance did not change from previous levels. To see current FHA insurance premiums, see our FHA loan page. The FHA is […]
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Heartwarming Stories of Families That Bought Again After Foreclosure
January 1, 2022
You can buy again after foreclosure. Here are two real-life stories of families who lost their homes, but didn’t let that stop them from becoming homeowners again. It’s a rough […]
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