Housing starts rose to fastest pace since 2006 in December
Home construction starts rose for a fourth-straight month in December to the best pace since late 2006 as builders responded to the robust demand for single-family housing.
Home construction starts rose for a fourth-straight month in December to the best pace since late 2006 as builders responded to the robust demand for single-family housing.
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And that was a pleasant surprise because they’d looked likely to rise again first thing â and also because […]
A recent report showed racial divides in mortgage approval and denial. We look closer at the data to see why, and how anyone can improve their chance of mortgage success.
The average mortgage rate for a 30-year fixed loan fell two basis points last week to 2.77%, according to Freddie Macâs Primary Mortgage Market Survey.
The post Mortgage rates hold steady at 2.77% appeared first on HousingWire.
Although owning is nearly twice as affordable as renting, monthly payments alone don’t tell the full story.
US mortgage rates tumble to a record low â and may be headed lower The Boston Globe
The final delinquency tally for December is in, with data revealing that by end of 2020, 1.54 million more mortgages were reported delinquent.
The post 2020 ends with 3.4 million loans in delinquency appeared first on HousingWire.
Mortgage interest rate and mortgage APR (annual percentage rate) while related, are not the same. Youâll see both listed for mortgages. For example, you may see a 30-year fixed-rate mortgage with an interest rate of 4.250% and an APR of 4.385%. The interest rate is the interest you pay on your home loan. The APR… Read More
The post What Exactly Is Mortgage APR? appeared first on Credit.com.
There are a lot of costs associated with getting a government-backed home loan. The down payment and closing costs can add up to tens of thousands of dollars. But there’s one cost you need to prepare for, the upfront mortgage insurance premium (UFMIP). This article will look at what upfront mortgage insurance is, the rate […]
The post Understanding Upfront Mortgage Insurance (UFMIP) appeared first on The Lenders Network.
Are you in the market for a new home but have very little to put down or less than perfect credit? An FHA loan may be worth considering as they have more lax qualification criteria…
The post FHA Loan Requirements for 2021 appeared first on Crediful.