Fed Rate Hike – It’s Your Debt Burden, Not Only Your Mortgage Rate



The Federal Reserve’s June rate hike was well forecast and shouldn’t surprise anyone. The new range is 1 percent to 1.25 percent compared to the previous 0.91 percent.

Fannie Mae makes it easier for borrowers with student debt to obtain a mortgage



Fannie Mae has altered its underwriting requirements in order to make it easier for would-be home buyers saddled with student debt to be able to qualify for a loan.

Survey: 77% of borrowers do not shop for the best deal on a mortgage



Mortgage comparison website FREEandCLEAR.com has published the findings of its first ever Mortgage Survey that provides insights into how borrowers select their mortgage lenders.

The 4 main factors used to decide who qualifies for a mortgage



Lenders generally use a standard, specific criteria in order to determine if applicants can qualify to obtain a mortgage, and what the terms of that loan should be

It might take longer to secure a mortgage than you think



Prospective home buyers might do well to begin the process of obtaining a mortgage earlier than they think.

Zillow: Mortgage payments in half of America’s largest markets are now ‘unaffordable’



Buying the typical home listed for sale in more than half of the nation’s 35 largest markets will require a greater share of income than the median-valued home required historically, according to a new Zillow analysis

Is a reverse mortgage right for you?



As such, a growing number of senior Americans are considering a reverse mortgage as a way of supplementing their income during their golden years.

Fannie Mae to ease mortgage requirements from next month



Fannie Mae, the government sponsored financing organization, has said it plans to ease its credit requirements from next month.

Freddie Mac approves eClose360 platform for online mortgage originations



Online notary and mortage eClosing services provider NotaryCam Inc., has said its eClose360 online notary platform has been approved by Freddie Mac

The rise of equity-sharing, down payment assistance



A new trend is seeing finance companies help buyers with down payments on a home in exchange for future equity in their properties.

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