Below is a list of “mortgage help” topics I feel are beneficial to anyone thinking about buying real estate, getting a mortgage, currently going through the mortgage process, or even those who already ...
Each month, Fannie Mae releases a forecast for home prices, sales, and mortgage rates, among other things. Between September’s report and October’s, they raised their estimate for the 30-year fixed a ...
If you’re thinking about selling your home, you might be curious what kind of proceeds you’ll receive. My cost to sell a home calculator can give you a better idea of what you could walk away with. It ...
Rocket Mortgage announced today that it will soon default to VantageScore 4.0 instead of the FICO score it relied upon for years. The switch is expected to take place in the fourth quarter of 2026 and ...
Just when it appeared that mortgage rates were chipping away, they’re back to new highs. And not just any old highs, but the highest highs since President Trump took office for his second term. The ...
The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like ...
Chase is back with another mortgage rate sale, something they’ve done several times over the past couple years. They don’t advertise the exact amount of the discount, but common knowledge says it’s 25 ...
A lot of the recent uptick in mortgage rates has been attributed to the ongoing war with Iran. But there is perhaps another, lesser known reason mortgage rates have pushed back into the high 6s. And ...
It’s a very light week of data with only weekly initial jobless claims on Thursday and flash U.S. services PMI on Friday. The dearth of reporting means the focus will be on the ongoing conflict in the ...
I keep warning folks that mortgage rates are going higher, possibly back to the 7% range. And the main reason is because the war in the Middle East is dragging out longer than anticipated. That could ...
These days, it’s pretty common to pay mortgage points to buy your down interest rate. Why? Because mortgage rates are no longer cheap, so home buyers are often stretching to get into a property. Or ...
While popular, one of the main drawbacks to an FHA loan is the compulsory mortgage insurance. This includes both an upfront mortgage insurance premium (UFMIP) and an annual premium, paid monthly. The ...