As experts predicted, mortgage rates are increasing. In order to understand what this means for you, it's important to first know why rates are projected to increase. At the end of February, mortgage rates hit well over three percent. What is happening?...
Both the FHFA and FHA announced loan limits will be increasing starting first of the year. What does this new limit mean for prospective home buyers and home owners?...
The housing market has seen stable recovery, but a flood of foreclosures to hit the industry is in anticipation of 2021. About one-third of all Americans...
What is home equity and why do I need it? This is a common question, but an important one. Building equity is a large part of owning a home because it can build wealth over time. ...
Plenty has changed in 2020. In the financial world, recent pandemic limitations pushed digitization to meet the high demand for continuing existing and new transactions; in fact, 82 percent of financial institutes expect to increase their use of technology....
The conditions were set for a very competitive housing market. Mortgage rates, housing inventory and unemployment rates were all at record lows. And then COVID-19 changed everything. ...
It was just announced that coming this summer, FICO will be changing the formula for how credit scores are calculated. With about 90 percent ...
Just before the end of November, the Federal Housing Finance Agency (FHFA) announced new maximums for 2020 conforming loan limits on mortgages...
One of the biggest deciding factors when purchasing a home is if you have enough saved for the down payment. For first-time buyers, a down payment causes the most delay in making that initial step. ...
Mortgage rates continue to plummet hitting their lowest since early 2018. After Memorial Day weekend, rates fell in response to trade war tensions and market volatility....
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