For the first time since March, the total number of mortgage loans in forbearance has decreased to 8.48% from the previous week of 8.55% (Mortgage Bankers Association). Currently, there are 4.2M homeowners with forbearance plans.
Americans have been experiencing several layoffs due to COVID-19, however, despite the critical economical situation nationwide, homeowners are seeking loans for home improvements.
Want to buy a permanent residence but it needs some repairs? learn what is a 203k loan, who is eligible and what are the requirements!
Learn facts about FHA loans and get ready for homeownership!
For many people, a mortgage will be their largest monthly expense. Most homebuyers fail to properly prepare or negotiate and end up paying much more for their loans than they need to. If you clicked on this article, you’re already on the right track. Here are 5 things to avoid when selecting a mortgage.
Mortgage rates continue to fall for the fourth week in a row due to the Fed’s holding its interest rate steady on Wednesday’s FOMC meeting.
Non-traditional forms of financing new single-family home purchases remained high in 2014, but the use and mix differed significantly across the country, according to NAHB analysis of a recent Census Bureau Survey of Construction (SOC) data. In the West North Central division, only 21 percent of new homes in 2014 were attained using [...]
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