Fannie Mae continues to find ways to make home buying easier and less costly for you. Since 2009, this agency has been backing two out of every five single-family loans securitized in…
Tag: mortgage
Why Zero Down Home Loans Are Again Being Offered
Analysts say that the huge number of home loans offered in previous years with no down or low down payments are to be blamed for the foreclosure crisis, as these loans attracted…
Real Estate Sector: Good Things Amid the Bad
Optimists try to find rays of hope in bleak situations and refuse to be discouraged by negative developments. In the real estate sector, optimistic agents and brokers remain confident about their abilities…
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…
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…
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…