loan

My Parents Took Out a Loan for My College and Now They Want Me To Pay It Back (Hour 1)

Debt, Relationships, Savings, Home Buying, Retirement

As heard on this episode:

Sign Up for a FREE trial of Ramsey+ TODAY: https://bit.ly/31ricKt 

Tools to get you started: 

Check out more Ramsey Network podcasts: https://bit.ly/2JgzaQR

Texas freeze, rate jump drive a week of stalled mortgage app activity

Severe winter weather and another hike in mortgage rates stifled loan volume for the week, according to the Mortgage Bankers Association.

Mortgage and refinance rates today, February 23, 2021

Today’s mortgage and refinance rates  Average mortgage rates rose again yesterday. And the rise was sharper than looked likely first thing that morning. When we say that markets can turn […]

Mortgage Application Volume Continues Decline

Posted To: MND NewsWire

The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of that volume, dropped 11.4 percent on a seasonally adjusted basis. It was the largest single week decline since the week ended April 3, 2020. On an unadjusted basis the index was down 10.0 percent. The Refinancing Index decreased 11 percent from the previous week but was still 50 percent higher than the same week one year ago. The refinance share of mortgage activity decreased to 68.5 percent of total applications from 69.3 percent the previous week. The seasonally adjusted Purchase Index dropped 12 percent and was 8 percent lower before adjustment. Activity was 7 percent…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Amerifirst Financial Review: They Take Home Purchase Lending Seriously

It’s not every day you come across a large-scale independent mortgage lender that has been around since the 1980s, but Amerifirst Financial Inc. fits that description. The Arizona-based company understands that there’s more to the mortgage business than just refinances, which is why their goal is to be the lender of choice for real estate [&hellip

The post Amerifirst Financial Review: They Take Home Purchase Lending Seriously first appeared on The Truth About Mortgage.

Can You Sell a House and Buy Another at the Same Time? We Explore Your Options

When you are in the process of moving, the process of buying your new home and selling your old one usually involves choosing which one comes first—to buy or to sell. Selling your old home first is often a more sensible option, as this ensures you have the needed down payment to cover your new […] More

The post Can You Sell a House and Buy Another at the Same Time? We Explore Your Options appeared first on Fancy Pants Homes.

Forbearance of Foreclosure? How to Keep Your Credit and Homeownership Intact

The following is a guest post by Eric Lindeen, of Anna Buys Houses. The second quarter of 2020 marked the highest U.S. mortgage delinquency rate (reported as 60-days past due) since 1979. Amidst the chaos of the pandemic, federal and state governments have made efforts to protect against the financial strain U.S. consumers are enduring—including… Read More

The post Forbearance of Foreclosure? How to Keep Your Credit and Homeownership Intact appeared first on Credit.com.

Paying More Today Won’t Lower Future Monthly Mortgage Payments

Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a year after receiving a sizable bonus or tax refund. Whatever the method, you should first consider why you’re thinking about paying your mortgage off early as opposed to putting the [&hellip

The post Paying More Today Won’t Lower Future Monthly Mortgage Payments first appeared on The Truth About Mortgage.