Browsing: mortgage

Mortgage professionals will be watching a series of economic reports this week that could offer fresh signals about market conditions heading into late summer. From July…

More than three-quarters of newcomers to Canada worry about making financial mistakes, and over half say they struggled to manage their finances after arriving. That’s according…

Welp, just like that it appears mortgage rates are moving back down toward 6.50%, possibly lower.And you can thank a super weak labor market for that,…

LOS ANGELES — Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two senators whose states have…

Mortgage rates will probably stay about the same in August. If they change, they’re more likely to go down than up.Even if mortgage rates fall a…

Understanding prepayment penalties isn’t just about preparing clients for a potential fee, it’s increasingly a strategic edge for mortgage brokers. That was the message from Matt…

Pros You might pay down your loan faster. You might be able to direct the refinance savings toward paying down your mortgage balance sooner. This could…

FHFA Director Bill Pulte should direct the agency to examine credit scoring models based on cash flow as a complement to existing systems, writes Martin Kleinbard,…

When you hear the phrase “second mortgage,” a negative connotation likely comes to mind.Back in the day, the presence of an additional loan meant you had…

While it’s a difficult concept to wrap one’s head around, it is possible to see lower mortgage rates and slowing home price appreciation.Most people tend to…