Mortgages
What Is a Force Majeure Clause, and What Does It Mean for Mortgages?
The current pandemic will have contract holders invoking force majeure for relief from creditors. But can a mortgage holder use the clause to stop payment?
The post What Is a Force Majeure Clause, and What Does It Mean for Mortgages? appeared first on Real Estate News & Insights | realtor.com®.
VA loan refinance scams and how to avoid them
Mortgage scams are real and they often veteran homeowners. Here are the most common VA loan refinance scams and how to avoid them.
Refi Demand Staying Strong Despite Rising Rates
Posted To: MND NewsWire
The current Mortgage Monitor from Black Knight looks at the recent small increases in mortgage rates and their potential impact on home sales. The company says that Treasury yields have been rising with the 10-year up nearly 0.25 percent just since the January 5 Georgia senatorial runoff. While the spread between it and the 30-year mortgage rates absorbed part of the increase , mortgages did subsequently rise by about 1/8 th of a point. The January spike wasn’t an isolated event, the 10-year yield had eased up 40 basis points over the last five months of 2020. “Should yields rise further in coming months, they may begin to impact 30-year rates more directly, although the Fed’s bond buying efforts are expected to insulate the mortgage market to some degree,” the report says. The 1/8 th point…(read more)
Mortgage rates fall as demand for home loans rises – Washington Post
Mortgage rates fall as demand for home loans rises Washington Post
How Are Mortgage Rates Determined?
Buying a home is a major financial undertaking. After all, the median home listing price in the U.S. was nearly $230,000 in 2019, and the prices have only gone up since then. If you need to obtain a mortgage loan to complete the purchase, it can get even more expensive. When you add in a […]
The post How Are Mortgage Rates Determined? appeared first on The Simple Dollar.
Standard vs. Itemized Deduction: Which One Should You Take?
Standard versus itemized deduction: Which one should you claim? If this question is weighing heavily on your mind as you file your taxes now that all the new tax reforms have taken effectâthen let this guide help you decide.
The post Standard vs. Itemized Deduction: Which One Should You Take? appeared first on Real Estate News & Insights | realtor.com®.
New CFPB boss vows to get tough on military lending, pandemic relief laws
Dave Uejio, acting director of the Consumer Financial Protection Bureau, promised to protect veterans from predatory loans and to crack down on companies that improperly garnish stimulus checks or mistreat struggling borrowers.
Mortgage and refinance rates today, January 29, 2021
Today’s mortgage and refinance rates Average mortgage rates inched up by the smallest measurable amount yesterday. So they’re immediately adjacent to the new all-time low set on Wednesday and equal […]
How to Actually Afford to Buy a Home in America
Home buying hurdles exist – but research, creativity and flexibility will help you clear them.