Wondering how much equity you have in your home? Then you need to know your loan-to-value ratio, or LTV. And if you have two mortgages, it’s your combined LTV, or CLTV for short. Lenders pay close ...
One of the most common questions people ask is how much do you need to put down on a house? The answer is it’s probably less than you think. Potentially a lot less. There are still widespread options ...
Each month, Fannie Mae releases a forecast for home prices, sales, and mortgage rates, among other things. Between September’s report and October’s, they raised their estimate for the 30-year fixed a ...
Below is a list of “mortgage help” topics I feel are beneficial to anyone thinking about buying real estate, getting a mortgage, currently going through the mortgage process, or even those who already ...
It’s been tough sledding for mortgage rates since early March. And especially rough over the past month and change, with very few down days. But today just might be a winner though because both oil ...
The longer this aggressive uptrend goes on, the more it feels like 8% mortgage rates are inevitable. By some accounts, we are only about a half of a percentage point away. And given the current ...
Yesterday’s big worry was the 10-year Treasury auction. Would there be any appetite for bonds? Well, it turned out to be good news because it actually went well. Mortgage rates had initially climbed ...
We got a rare winning day for mortgage rates yesterday thanks to what seemed like renewed interest in bonds. The global bond selloff has been brutal for mortgage rates, but at a certain point things ...
Mortgage rates feel pretty hopeless right now. They’ve risen from sub-6% to the mid-7s in just the past six months. With a meteoric rise over the past month, climbing nearly a full percentage point.
Well that didn’t take long. One day after mortgage rates finally caught a much-needed break, bond yields are right back at new 52-week highs. The bellwether 10-year yield briefly touched 5.35% this ...
Well, we got a tame PCE report this morning, which would normally be good news for mortgage rates. But instead of seeing bond yields drop and relief come, rates are under pressure once again. Part of ...
The nation’s largest mortgage lender just got rid of its minimum credit score requirement on most home loans. The move is effective immediately and applies to conventional loans backed by Fannie Mae ...