FHA
4 Signs Refinancing Is The Wrong Move
Refinancing your mortgage can bring your interest rate down, lower your monthly payments and generally save you some money. With rates still low, you may be pondering whether now’s the right time to try for a better deal on your … Continue reading →
The post 4 Signs Refinancing Is The Wrong Move appeared first on SmartAsset Blog.
Acronyms of Real Estate: What Homebuyers Need to Know
The acronyms of real estate can be overwhelming. Hereâs a list of the ones you’re likely to run into when buying or selling a house.
The post Acronyms of Real Estate: What Homebuyers Need to Know appeared first on Homes.com.
Mortgage and refinance rates today, January 21, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was a small drop but it inches them further toward the all-time low, though there’s still a way […]
Refinancing just got more expensive, thanks to this new fee
A new fee will be added to conventional mortgage refinances on September 1. Will this mean higher refinance rates? For some, it’s likely.
Should You Get an FHA or Conventional Loan?
A Federal Housing Administration (FHA) loan or FHA loan is insured by the federal government. First-time home buyers and those with lower credit scores and lower down payments are more likely to qualify for an FHA loan. A conventional loan isnât insured by the government. Itâs instead backed by a private mortgage lender and the… Read More
The post Should You Get an FHA or Conventional Loan? appeared first on Credit.com.
Top 5 Low-Income Home Loans of 2021
If youâre living on a limited income, itâs easy to assume that homeownership just isnât in the cards for you. After all, itâs challenging to save up a 20% down payment on a home when…
The post Top 5 Low-Income Home Loans of 2021 appeared first on Crediful.
Current VA Refinance Rates
Posted on: January 21, 2021 Mortgage interest rates remain at historic lows this week. As reported from a weekly survey of 100+ lenders by Freddie Mac, the average mortgage interest decreased for all three main loan types — 30-year fixed (2.79% to 2.77%), 15-year fixed (2.23% to 2.21%), and 5/1 ARM increased (3.12% to 2.8%). … [Read more…]
FHA Loan Requirements – Guideline & Limits
FHA loan requirements are simple; they’re different than conventional loan requirements. For a conventional loan, for example, you will need a good credit score. However a FHA loan credit score is only 580. If you’re a first time home buyer and need a first time home buyer loan to purchase your dream home, then keep …
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The post FHA Loan Requirements – Guideline & Limits appeared first on GrowthRapidly.
What Happens to Mortgage Rates When the Fed Cuts Rates?
Your guide to understanding how a Fed rate cut could impact your mortgage as a homeowner or prospective buyer.*
The post What Happens to Mortgage Rates When the Fed Cuts Rates? appeared first on Discover Bank – Banking Topics Blog.