Is a no-appraisal mortgage really worth it?



Around five percent of Fannie Mae’s 1.2 million home mortgages have met the criteria for not needing a traditional in-person appraisal since new rules were introduced last year, according to the Washington Post

Why Extra Mortgage Payments Seldom Make Sense



It doesn’t make sense to pay a third party to arrange to pay off your mortgage early. As the housing market continues at a hot pace, many different types of buyers are getting into the market.

A lower credit score could cost you up to $21k on the price of your home



Homebuyers with a lower credit score pay thousands of dollars more for the same home than a buyer with an excellent credit score.

Mortgage or Deed of Trust?



When real estate purchasers apply for a loan, they call it a mortgage. In about 35 of the states, a mortgage is what they will sign at closing.

Tips For Millennials Applying for 43% of Mortgages in 2018



Applying for a mortgage is a huge decision and you shouldn’t take it lightly. Make sure you’re prepared for anything that can happen with your mortgage before you make the decision to purchase a home.

Mortgage demand falls as higher interest rates bite



Mortgage companies are seeing lower demand from would-be homeowners and refinancers after interest rates hit their highest level in almost five years last week.

Freddie Mac targets first-time buyers with HomeOne mortgages



In an effort to entice more first time buyers into the market, Freddie Mac says it’s introducing a new three-percent down payment option for those who qualify.

Buyers hesitate on mortgages as interest rates spike



With interest rates creeping upwards last week, some home shoppers are showing signs of concern and holding off from making a purchase.

Blacks twice as likely to be denied a mortgage as whites



Mortgage application denials are at their lowest level in almost 20 years, but there remains a stark divide between loan applicants based on their race.

Some consumers could see their credit scores jump higher



Consumers with low credit scores could soon have something to cheer about with the news that the three major credit reporting agencies in the U.S. are to implement policy changes that could lift their scores.

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