Foreclosure filings jumped by 27 percent in October 2016 compared to the previous month, having previously hit their lowest level in 129 months in September
The Federal Housing Administration’s newly released actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory
Mortgage rates in the U.S. have soared in the week since Republican party candidate Donald Trump surprised the world with his election win, with the benchmark 30-year fixed rate mortgage rate rising to 4.01 percent
White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the latest federally released data from the Home Mortgage Disclosure Act (HMDA).
You’ve spent hours and hours looking at potential investment houses or even for your primary residence. You’ve found the perfect property and had your offer accepted. Submitting the required paperwork for the mortgage seems to have included documenting when you first started putting coins in a piggy bank as a child.
Freddie Mac has launched a new pilot lending program with two non-bank lenders that eases the income and documentation requirements that come with a standard mortgage application.
CoreLogic had some good news for the economy in its latest equity report, revealing that just over 548,000 homeowners regained equity in the last quarter.
One of the knocks against reverse mortgages, in general,are the closing costs. These tend to be higher than traditional mortgages and for many borrowers, this is part of the reason why they never pursue one.
Women are more likely to keep up to date with their mortgage repayments than men, according to a new Urban Institute study.