Quick mortgage tip: âHow do I know if Fannie Mae or Freddie Mac owns my mortgage?â One of the key requirements to getting approved under the CARES Act to receive mortgage forbearance is ensuring that your loan is indeed owned or guaranteed by Fannie Mae or Freddie Mac. If it isn’t, you might still be [&hellip
The post How Do I Know If Fannie Mae or Freddie Mac Owns My Mortgage? first appeared on The Truth About Mortgage.
With mortgage rates approaching all-time lows once again, there might be the temptation to snag a 30-year fixed at say 2.875%, or 2.99% if a lender offers a promotional rate. The same might be true of any home loan product, whether itâs a 5/1 ARM or 15-year fixed. But hereâs the thing â a rate [&hellip
The post Sometimes Itâs Actually Better to Choose the Higher Mortgage Rate first appeared on The Truth About Mortgage.
How a Racist Home Loan Program Created a Climate Crisis The Regulatory Review
When buying a new home it is important to monitor your credit situation as credit scores from FICO or other agencies can have a big impact on what mortgage rate you receive.
The post How And Why To Check Your Credit Score If You Plan On Buying A House appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
It’s time for another mortgage match-up, with the latest in the series pitting the lesser known “deed in lieu of foreclosure” vs. the more popular short sale. Nowadays, there are plenty of options to get rid of your home and avoid foreclosure, even if you owe more than the property is currently worth. By avoiding [&hellip
The post Deed in Lieu of Foreclosure vs. Short Sale first appeared on The Truth About Mortgage.
Are you looking to save money? Are you wanting to get a better interest rate on your home loan? These are the top two reasons people consider refinancing. Click here to learn more.
The post Should You Refinance? appeared first on Homie Blog.
Home loan tax incentives you need to be aware of The Financial Express
Yes, home equity lines of credit (HELOC) can have an impact on your credit score. Whether that impact to your credit score is negative or positive depends on how you manage your HELOC. It also depends on your overall financial situation and ability to make timely payments on any amount you borrow via your home equity line of credit…. Read More
The post How Does a HELOC Affect a Credit Score? appeared first on Credit.com.
Since the CARES Act rolled out in early April, more than four million Americans have reportedly put their mortgage payments on hold for up to 12 months. The massive numbers taking part can be attributed to the widespread fallout from the coronavirus epidemic (COVID-19), and also the ease at which a homeowner can request assistance, [&hellip
The post Will Forbearance Prevent You from Getting a Mortgage in the Future? first appeared on The Truth About Mortgage.
PNB Housing Finance, Yes Bank sign strategic co-lending pact home loans Business Standard