Freddie Mac pilots new lending program for first-time buyers



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: Half a million homeowners regained equity in Q2



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.

How to Save with a No Closing Cost Reverse Mortgage



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 more reliable than men at paying off the mortgage



Women are more likely to keep up to date with their mortgage repayments than men, according to a new Urban Institute study.

First Time Homebuyers: The Road to Buying a Home



Buying your first home will be one of the most exciting times in your life, but it can also be a very confusing process.

The top 10 easiest cities to secure a mortgage in the U.S.



It’s not easy securing approval for a mortgage these days, especially if you’re one of the millions of Americans that lacks a decent credit score

Millenials more likely to tap into their home’s equity



Millenial homeowners in the 30-34 year old age bracket are twice as likely to take out a home equity loan as baby boomers, according to a new survey by the Discover Home Equity Loans organization

The FHFA says HARP will be extended by one more year



The Home Affordable Refinance Program, better known simply as “HARP” is to be extended into next year, Fannie Mae and Freddie Mac announced yesterday.

Breaking Down Reverse Mortgages



Most of us have seen the TV commercial where some celebrity or another tells us about reverse mortgages. But what is a reverse mortgage and what can you expect during the process?

Prepare For Your First House Purchase With These Tips



Purchasing a home can be exciting but also stressful because you’re spending a good chunk of money in a down payment and monthly mortgage.