Borrowers who come to the table with lower credit scores can find that their mortgage loan costs more because of their bad credit scores. Â This is true for first-time buyers as well as people buying second or third homes. A loan costs someone with a bad credit score more because of higher interest rates and… Read More
The post How Bad Credit Can Make Your Mortgage More Expensive appeared first on Credit.com.
SimpleNexus – a homeownership platform for loan officers, borrowers, real estate agents and settlement service providers – has tapped former Simplifile executive Richard Jackman (pictured) as its vice president of marketing. With more than 20 years of marketing leadership experience, Jackman will be in charge of overseeing the company’s strategic marketing plan as well as … [Read more…]
In such a quickly changing mortgage landscape, itâs easy for myths for circulate. Here’s the truth behind common mortgage mistruths you may hear today.
The post 5 Rampant Mortgage Myths You’ll Hear These DaysâCompletely Debunked appeared first on Real Estate News & Insights | realtor.com®.
If you live in a rural area, getting a mortgage through the U.S. Department of Agriculture could be a good way to save money on your home purchase. Qualifying buyers can get a USDA loan without having to put any … Continue reading →
The post Refinancing Your USDA Loan Just Got Easier appeared first on SmartAsset Blog.
Today’s mortgage and refinance rates Average mortgage rates fell yesterday. And suddenly they’re back within their uberlow range. Indeed, one more drop like yesterday’s and they’ll be at their all-time […]
Thanks to a new policy, FHA is now accepting DACA home loans. Learn about the pros and cons of FHA loans and whether you qualify for financing.
Posted To: MBS Commentary
Uneventful Start This Week; Next Move Remains Debatable Bonds began the day in weaker territory but rallied back to nearly unchanged levels after several comments from inbound Treasury Secretary Janet Yellen. Of particular note were Yellen's comments on the possibility of repealing certain tax cuts as well as the need to get the federal budget on a more sustainable path. Both of those bode well (or "better," anyway) for Treasury issuance vs demand. The econ calendar was silent and other market moving headlines were scarce. Traders are waiting for the next major cue that settles the debate between keeping the broader negative trend intact or riding the recent positive correction back to lower-yield technical boundaries. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am…(read more)
Looking for the perfect home on the real estate market? Unfortunately, it can be tricky if you have unpaid taxes. Failing to pay your federal income taxes can lead to the Internal Revenue Service placing a lien on your property or your assets. These legal tools protect the government’s ability to get its money. They also set off alarm bells for… Read More
The post Can You Buy a House if You Owe Taxes? appeared first on Credit.com.
Premier mortgage lender, Atlantic Home Mortgage (AHM) has announced the addition of mortgage loan officer Steven Mueller (pictured) to its Alpharetta, Ga. branch. Mueller started his mortgage career in the early 2000s, primarily helping his clients refinance their properties, and later took on purchases. “My experience spans all areas of mortgage lending,” he said. “I’m … [Read more…]
Mortgage rates are still relatively low. That means that there’s no time like the present to consider refinancing the mortgage loan you have for your home. Shaving at least a point or two off your current rate or converting your 30-year … Continue reading →
The post 3 Must-Do Moves to Prepare for a Mortgage Refinance appeared first on SmartAsset Blog.