Monthly payment includes principle and interest only. Taxes, insurance and/or other monthly expenses are not included. Contact your Mortgage Loan Originator with any questions.
Mortgage Headliners: Getting Answers…Should I delay my mortgage payment… Homeowners with federal loans won’t have to pay lump sum after pausing payments Coronavirus related forbearance requests still on the rise… The housing industries response to the corona virus… Nearly 10% of [...]
Things are moving so quickly in the market with the coronavirus being at the forefront, everyone is feeling hardship across the board. FHA Loans provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. It is one of the largest insurers of [...]
Mortgage Headliners: Mortgage stress test changes suspended… Why you can’t get that historically low mortgage rate… Coronavirus sends mortgage rates lower… Mortgage investors cheer as Federal reserve starts… Fed funds rate pinned at zero… Keep your eyes on stock news… Preparing [...]
Mortgage Headliners: A flood of mortgage applications drive rates higher… How the coronavirus outbreak is moving mortgage… Mortgage rates rise sharply from last week’s record low… Mortgage rates are mixed after hitting all-time lows… Mortgage demand is so high that lenders turn [...]
Mortgage Headliners: Mortgage applications increase over 55%… Refinance applications surge to decade high… Plunging mortgage rates might not end U.S. Housing… Mortgage rates rising at fastest place… The US should suspend mortgage and rent payments… The banks are back in [...]
Mortgage Headliners: Mortgage Rates Are Near All-Time Lows As Coronavirus Worries Hit Market There are 11.1 Million Refi candidates, With $2.99B in Potential Savings In rare move, Fed issues emergency rate cut to bolster economy from coronavirus Refinancing Field Day Low mortgage Rates Push U.S. [...]
What is DACA Deferred Action for Childhood Arrivals (Dreamers) An American immigration policy that allows some individuals with “unlawful” presence in the United States after being brought to the country as children receive a renewable 2 year period of deferred action from deportation [...]
Conventional rates today fell considerably today but, do you know what does effect the rates to rise and fall as they do? The most crucial clues offset each other — Return of investment (Treasury Yield) on the government’s debt obligation rose while oil prices fell. Shown below are some [...]
BREAKING NEWS! FHFA increases conforming loan limits for a 2nd straight year Loan limits to match rising home prices On Tuesday, the Federal Housing Finance Agency (FHFA) that the maximum conforming loan limits for mortgage to be obtainedce in 2018. The 2018 maximum conforming loan limit for [...]
Some changes took effect at the top of this month that could have amazing results on your credit score! We’ve talked about the importance of your credit score in some of our recent posts. Your credit score—more importantly your FICO credit score (which is a combination of your credit scores and [...]