Browsing: mortgage

I saw his seemingly straightforward question posed and was surprised I’d never really addressed it.I’ve been writing about mortgages on this blog since 2006, so chances…

Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already.Ally Financial is reportedly done with mortgage lending entirely,…

In the mortgage/real estate world there’s a saying: “Drive until you qualify.”It’s a cute way of saying if you can’t afford a home in a certain…

By Ian Bickis “I think the tariffs can do a lot of damage,” RBC chief executive Dave McKay said Tuesday at a bank CEO conference hosted…

The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove medical debts from consumer credit reports.In doing so, Americans’ credit scores should rise…

The popular 30-year fixed averaged 6.91% to begin 2025, per the latest Freddie Mac data.This means mortgage rates are now on par with 2001 levels, when…

The Consumer Financial Protection Bureau is suing Vanderbilt Mortgage and Finance, a unit of Berkshire Hathaway subsidiary Clayton Homes, for risky lending practices that left many…

Property divisiongetty Current mortgage rates play havoc with homeowners who want to split up. The first Monday after New Years is believed by many family practice…

What a difference a year makes. Toward the end of 2023, mortgage rates fell nearly 150 basis points to ring in the New Year.Meanwhile, mortgage rates…

Mortgage Q&A: “What is a lender credit?”If you’ve been shopping mortgage rates, whether for a new home purchase or a refinance, you’ve likely come across the…