The nation’s largest mortgage lender just got rid of its minimum credit score requirement on most home loans. The move is ...
Rocket Mortgage announced today that it will soon default to VantageScore 4.0 instead of the FICO score it relied upon for ...
For years, I wanted to create a “mortgage rate calculator” that laid out different mortgage rates and corresponding payments to help home buyers and existing homeowners quickly compare rates. This ...
Mortgage rates feel pretty hopeless right now. They’ve risen from sub-6% to the mid-7s in just the past six months. With a meteoric rise over the past month, climbing nearly a full percentage point.
One of the most important steps you can take when obtaining a home loan is mortgage rate shopping. Most home buyers (and those looking to refinance) don’t even bother to do it. Studies show they only ...
I think it goes without saying that everyone with a mortgage (or thinking about getting one) wants the lowest interest rate possible. After all, who wouldn’t want to save money each month for the next ...
A “mortgage rate lock” is essential to ensure you actually receive the interest rate you are quoted by a bank or mortgage broker. When you purchase real estate or refinance an existing mortgage, ...
If you own real estate and are considering making extra mortgage payments, the “early mortgage payoff calculator” below could be helpful in determining how much you’ll need to pay and when to meet a ...
Let’s take a moment to talk about “interest-only mortgages.” A decade ago, very few individuals seemed to be interested in actually paying off their mortgages. Many prospective and existing homeowners ...
Below is a list of “mortgage help” topics I feel are beneficial to anyone thinking about buying real estate, getting a mortgage, currently going through the mortgage process, or even those who already ...
When applying for a mortgage, a mortgage broker or lender will likely inquire about your assets, and more specifically, your liquid assets. They’ll want to know what you’ve squirreled away in order to ...
Let’s talk mortgage stocks for a moment, shall we? During the early and mid 2000s, the housing market was on fire in the United States. As a result, the mortgage industry expanded at an unheard of ...