It looks as if the Federal Reserve is finally going to do something about raising short term interest rates
As of January 1, 2018 consumer loan companies originating and servicing residential mortgage loans and non-residential loans in Washington will need to comply with new surety bond requirements.
The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.10 percent, up 13 percentage points from this time last week.
Whether you are a first-time homebuyer or a repeat real estate flipper, you are going to need a mortgage.
However, some homeowners that have gotten over the huge bust of the last of the last cycle when so many home values went underwater are again considering second mortgages.
Borrowers are ditching traditional banks in their droves in favor of financial institutions that do not offer savings or checking accounts.
With interest rates and home values on the rise, the typical monthly mortgage payment now requires more of the average household income than it has anytime in the previous six years.