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More homeowners are relying on forbearance to ride out the pandemic

By Mike Wheatley | December 24, 2020
Homeowners are increasingly relying on forbearance programs to avoid going into foreclosure due to the COVID-19 pandemic. Around 37,000 mortgages were added to forbearance programs in the week ending Dec. 15, which means the total now stands at 2.787 million loans. That’s about 5.3% of the U.S.’s total of 53 million mortgages, Black Knight data […]
Mortgage, Real Estate, US Real Estate

VA Loan Changes for 2020

By Joe Boylan | December 22, 2019
VA home loans will undergo some major changes for 2020. The biggest news is the elimination of the long-standing loan limit, a big deal for those buying in hot markets. Another less popular change will be the increase of the VA funding fee.  VA loans are a great benefit available to both veterans and active […]
Mortgage, US Real Estate

Low/No Cost Mortgages Are Expensive

By Brian Kline | December 2, 2015
There are still low and no down payment mortgages on the market but buyers need to be aware that these tend to actually be expensive options in the long run. For instance, FHA loans are among the most popular low down payment guaranteed loans. Due to insurance losses over the previous seven or so years, […]
Featured News, Investing, Real Estate, Residential, US Real Estate

Real Estate Money Basics - 10 Ideas For Financing a Home

By Donna S. Robinson | June 11, 2012
There are many different ways to find financing to buy a home. But most folks are only aware of just one or two options. Generally, financing for a home can be broken down into two major categories: "Traditional" and "Non-Traditional".
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