Origination
Minimum Credit Score Needed to Buy a House in 2021: Data Analysis – Home Buying Institute
Minimum Credit Score Needed to Buy a House in 2021: Data Analysis Home Buying Institute
How low can we go? 30-year mortgage rate charts tell the story
30-year mortgage rates chart with average 30-year rates since 1972. Rates have been dropping, but can they go lower still? Find out here.
HousingWire launches Spring Summit on March 4
Wanting to take advantage of record low mortgage rates to gain more space in a pandemic, consumers didnât follow traditional seasonal buying patterns in 2020. That dynamic is driving home sales this year too, which is why weâre hosting our virtual Spring Summit focused on The Year-Round Purchase Market.
The post HousingWire launches Spring Summit on March 4 appeared first on HousingWire.
14 Smart Money Moves To Make In 2021
Are you looking to make some smart money moves to improve your future? The new year is a great time to start thinking about what you can do to improve your financial situation. You can use this time to look forward and start making smart money moves that will help you in the future. For […]
The post 14 Smart Money Moves To Make In 2021 appeared first on Making Sense Of Cents.
How Do Student Loans Work? What You Need To Know About Borrowing Money For School
Have you ever wondered how do student loans work? Maybe you’re thinking about going to school and taking out a student loan, perhaps you are a parent trying to help your child find the best options, or perhaps you are about to start paying down your student loan debt. Whatever your case may be, I […]
The post How Do Student Loans Work? What You Need To Know About Borrowing Money For School appeared first on Making Sense Of Cents.
Loans Still Taking 2 Months to Close as Refi Demand Stays Strong
Posted To: MND NewsWire
The interest rates on 30-year fixed rate mortgages originated in December reached an all-time low in ICE Mortgage Technology’s (formerly Ellie Mae’s) records, an average of 2.93 percent and a 4-basis point decline from the November rate. The company, in its monthly Origination Insight Report , said the note rate for all three loan types it tracks, FHA, Conventional, and VA, were all below 3.0 percent for the second straight month. FHA and Conventional loans dropped to 2.94 and 2.96 percent, respectively. Each averaged 2.99 percent the prior month. The VA rate fell from 2.72 to 2.66 percent. Refinances continued to dominate at 60 percent of originations , down 1 percentage point from November but up from 46 percent a year earlier. The outsized share was skewed toward conventional loans at 68…(read more)
Mortgage rates set 14th record low of the year, driving even more refinance demand – CNBC
Mortgage rates set 14th record low of the year, driving even more refinance demand CNBC
The Margin Loan: How to Make a $400,000 Impulse Purchase
So, I kind of just bought the house next door to me. This is already somewhat amazing, for a small-town boy who refuses to even buy himself a new car. But even stranger are the details that surround this deal: Iâm not moving into it. I donât really need or want a second house. I […]
The Pros and Cons of Refinancing an Auto Loan
Your Money Working Harder Over the last decade, the rising cost of new and used cars have driven up the amount of the average car loan. To make up for this, auto lenders have started offering longer car loans that let consumers borrow more with a lower monthly payment. The State of the Automotive Finance … [Read more…]