If you’re planning to get a loan to buy a home, consider choosing from the mortgage lenders and servicers chosen by 4,516 homeowners interviewed by J.D. Power in its primary mortgage service…
Category: Mortgage / Finance
Free Foreclosure Help from New Websites of Fannie Mae and Hope Now
Here are better websites for you if you’re looking for foreclosure help. These sites are different from others as they offer a lot of options and they’re not run by private financial…
Know Your Rights as a Mortgage Applicant
You can’t be discriminated against when you apply for a mortgage. Your lender can’t ask your religion or can’t ask if you’re pregnant. Your mortgage application should be approved or rejected based…
Cheaper Home Loans from Smaller Banks and Credit Unions
Home loans are now cheaper, as mortgage rates continue to fall. According to Freddie Mac, the 4.44-percent average rate for fixed-rate 30-year mortgages on August 12 was the lowest rate recorded by…
Delinquency Rate for Home Loans Slows Down
The drop in the national default rate for home loans in the second quarter is one sign that the housing sector is starting to stabilize. According to credit bureau TransUnion, which analyzes…
Four Costliest Mistakes by First-Time Homebuyers
Are you considering buying your first home? Then take a look at the costliest and most common mistakes committed by first-time homebuyers so you can take steps to avoid them. You want…
Third Quarter Outlook for Home Loans
As you’re looking for your dream home, it helps if you also look at the outlook by a group of mortgage professionals for home loans for the third quarter. No definite trend…
FHA Loans – Proposed Changes that Affect Home Buyers
Home buyers now need to improve their financial situation and their credit scores before pursuing their home purchase plans, as the U.S. Housing and Urban Development Department has proposed three policy changes…
Qualify for a Home Loan Through Credit Rescoring
If your credit score on the FICO scale is 599 or below, your application for a home loan won’t be accepted by most lenders, as even those with scores between 599 and…
Is Your Bank One of the 905 Mortgage Lenders Suspended by HUD?
Are you planning to apply for a home loan? Check if your bank is one of the more than one thousand banks that received notices of suspension, reprimand, probation, fines and other…