Black Homeowners Charged Higher Mortgage Rates Than White Counterparts With Similar Incomes – ValuePenguin
Black Homeowners Charged Higher Mortgage Rates Than White Counterparts With Similar Incomes ValuePenguin
Black Homeowners Charged Higher Mortgage Rates Than White Counterparts With Similar Incomes ValuePenguin
The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans.
The post ‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers appeared first on Real Estate News & Insights | realtor.com®.
There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic recovery that helps mortgage rates come back down. But traders and market-watchers alike have pined for–if not outright expected–such a recovery several times in the past few weeks only to be disappointed . Merely avoiding additional rate spikes would be a victory at this point. Even if we can manage to avoid further rate spikes, February will still go down as the worst month for rates since January 2018 (March 2020 was worse at face value, but it’s not really a fair comparison due to the unprecedented bond market reaction to the pandemic). Some back-of-the-napkin math (OK, it’s actually more official than that) shows the average lender charging at least a quarter of
Mortgage rates hit (another) all-time low CNN
Today weâll take a look at American Internet Mortgage, more commonly known as âAimLoan,â which is a streamlined discount mortgage lender that focuses mostly on conforming loans. Doing so allows them to do what they do best, and ideally offer lower mortgage rates to their customers by running more efficiently and keeping costs low. At [&hellip
The post AimLoan Review: You Can Check Their Rates and Fees 24/7 first appeared on The Truth About Mortgage.
Lenders use your DTI ratio to determine how much of a loan you qualify for. This article shows you how to calculate your DTI ratio and provides tips on how you can lower it to increase the loan amount you can get. Rate search: Check Today’s Mortgage Rates What is the Debt-To-Income Ratio? Your debt-to-income […]
The post How to Calculate Your Debt-to-Income Ratio appeared first on The Lenders Network.
Today’s mortgage refinance rates see minor spike | February 22, 2021 Fox Business
You may have come across one of those articles lately that talks about how a couple paid off their mortgage in five years. Or some other absurdly-fast timeline. While it also sounds super enticing and perhaps inspiring, it’s often just a feel-good story that may not actually make a lot of sense financially. At least [&hellip
The post Why Does Everyone Want Us to Pay Down Our Mortgages? first appeared on The Truth About Mortgage.
âSales could be even higher,â if more homes were put on the market, NARâs chief economist Lawrence Yun said
Mortgage rates shoot up to highest levels since mid-November The Washington Post