After falling to a record low last week, the average U.S. mortgage rate for a 30-year fixed loan remained at 2.67% this week.
The post Mortgage rates remain at record-low levels appeared first on HousingWire.
How to remove FHA mortgage insurance Bankrate.com
Youâve got to pretty confident to say youâre #1 in both price and customer service, but thatâs exactly how âOptimum First Mortgageâ describes itself. The Southern California-based mortgage lender isnât afraid to say it has the lowest rates in the industry, or the best customer service. Itâs a bold claim (or two), but based on [&hellip
The post Optimum First Mortgage Review: #1 in Price and Customer Service? first appeared on The Truth About Mortgage.
Statistical models show that geographic location in conjunction with other key performance indicators can determine a loan’s likelihood for profitable servicing. In the interest of mitigating portfolio risk, investors perform analysis to determine the Geographic Concentration of loans in their servicing portfolio.
The U.S. forbearance rate fell nine basis points last week to 5.37% of servicers’ portfolio volume, according to a survey from the MBA.
The post Mortgage forbearance rate continues to drop appeared first on HousingWire.
Javier Gonzales is legally a homeowner, but he says his first instinct is to say “no” if someone asks. This is because he hasn’t made the mortgage on the townhome he bought in years, and he doesn’t live there anymore. Gonzales says he owes $476,000 on the townhome, which is only worth around $263,000. “I don’t care… Read More
The post What to do When You Owe More than a House is Worth and Want to Sell appeared first on Credit.com.
Everyone knows that when you apply for a loan the lender will perform a credit inquiry. And everyone knows that credit inquiries hurt your credit score. What everyone doesn’t know is that credit scoring algorithms allow a “rate shopping window” so you can compare loan offers and rates with multiple lenders without hurting your score. […]
The post What is the Rate Shopping Window appeared first on The Lenders Network.
If buying a home is your next financial goal, then you may have heard about mortgage insurance. Mortgage insurance is probably not what you expect it to be. We will cover what you need to…
The post What Is Mortgage Insurance? appeared first on Crediful.
A mortgage is a type of secured loan, with the house serving as collateral. Technically, a borrower owns the house as soon as they sign the mortgage contract, but if they fail to meet their monthly repayments and any other obligations, the lender may seek to secure the asset. This process is known as foreclosure. […]
Foreclosure and Buying a Foreclosed Home: A Guide is a post from Pocket Your Dollars.
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