Pavan Agarwal Thinks the Mortgage Industry Has a Simple Problem Nobody Wants to Admit
The most common word borrowers use to describe the mortgage process is not "overwhelming." It is not "complicated."
Mortgages
Market Realist has the latest news and updates on mortgages rates and refinancing.
British Renters Can Now Get a 100 Percent Mortgage — Here's How
In the U.K., borrowers will be able to take out 100 percent mortgage loans, which means they don't have to put down a deposit. Here's what we know.
United Wholesale Mortgage Still on Top Despite Negative Reports
Who owns United Wholesale Mortgage? The nation's largest mortgage lender received negative press from Bloomberg in April. Here's what we know.
How House Hacking Could Help You Save and Make a Lot of Money
What is house hacking? People use house hacking to make homeownership more affordable and pay off mortgages faster. Here's what we know.
Biden's Mortgage Plan Will Impact Borrowing Fees, Target Responsible Homeowners
What is the Biden mortgage plan doing to borrowing costs? Penalties for lower credit scores will decrease, and Republicans aren't happy about it.
First-Time Homebuyer? How to Navigate the Process With Confidence
Being a first-time homebuyer can be a little overwhelming. This complete home buying guide can help you learn about all the essential first steps.
How to Buy a Foreclosed Home With No Money: Tips for House Seekers
If you're hoping to buy a foreclosed home with no money, you have a few options. These are the top ways to buy a foreclosed home with no money.
Did You Know That Certain Parts of Your Mortgage Payment Are Tax Deductible?
For homeowners making mortgage payments, there's a potential tax deduction to reduce taxable income. However, certain requirements apply.
Buying a House? Don't Forget to Ask These Essential Questions Before Making an Offer
Homebuyers need to ask a lot of questions about potential homes before buying. Getting the answers to these questions can help prepare you for future expenses.
Bank of America’s No Down Payment Mortgage Program, Explained
Bank of America is testing a new program that grants mortgages with no down payment for some people of color. Here’s how it works.
Trident Mortgage Co. Redlining Lawsuit Settles — Who Gets the Payout?
Warren Buffett-owned company Trident Mortgage Co. is settling in a lawsuit over racial discrimination. Here’s where the payout goes.
Is Sprout Mortgage Closed? Non-QM Lenders Feel the Pain
Sprout Mortgage has reportedly closed and laid off its employees. What’s wrong with non-QM lenders and why are they shutting down?
How Much Will Mortgage Payments Go Up With the Fed Rate Hike?
The Federal Reserve is poised to increase interest rates by a prominent margin. Here’s how a rate hike will impact the cost of your mortgage.
When Is a Good Time to Refinance Your Mortgage?
Lower mortgage rates can inspire some homeowners to refinance. With mortgage rates increasing, when is a good time to refinance? Let's discuss.
Pros and Cons of Using a Mortgage Broker When Purchasing a Home
A mortgage broker goes shopping for home loans on your behalf. Is it a good idea to use a mortgage broker? Let's look at the pros and cons.
Is a Reverse Mortgage Right for You? Monetize Your Home Equity
As seniors look for options to monetize their home equity, a reverse mortgage could be an attractive option. How does a reverse mortgage work?
When Does Private Mortgage Insurance Go Away for Homeowners?
PMI (private mortgage insurance) is an added payment required if someone is making a smaller down payment. Once a certain balance is reached on a mortgage, you can remove the PMI.
Mortgage Rates Are the Highest Since 2009 Amid Fed Rate Hikes
The Fed is expected to raise rates at a fast pace in 2022 to tame high inflation, which is impacting mortgages. How will a Fed rate hike affect mortgages?
What Mortgage Lenders Accept Crypto? UWM Is Leading the Charge
United Wholesale Mortgage accepts payments in Bitcoin. What other mortgage lenders accept crypto?
Layoffs Plague the Mortgage Industry Nationwide, Interest Rates Rise
Since the Fed has raised interest rates, the number of mortgage refinance applications has declined, which led a number of mortgage companies to cut employees.
Several Factors Determine Mortgage Rates—And You Can Control Some of Them
Some people think mortgage rates are controlled by the Fed, but that's not the case. What are mortgage rates determined by?
How to Get a Lower Monthly Mortgage Payment
Do you want to decrease your monthly mortgage payment? Here’s how to go about it.
When Does It Make Sense to Refinance Your Mortgage? Shorter Terms May Be More Beneficial in 2022
If mortgage refinancing helps you pay off your mortgage faster, save you money, and help you build equity, it’s worth considering.
VA Loans: Get a Mortgage With No Down Payment, Low Interest Rate
A VA loan helps veterans afford mortgages with no down payment. How much home can you afford with a VA loan? Here's how to break down the numbers.
Reverse Mortgage — Pros and Cons of Cashing In on Home Equity
A reverse mortgage can be a way to cash in on the equity of your home. What are the pros and cons to consider before taking out a reverse mortgage?
U.S. Mortgage Rates Are on the Rise, Bringing More Pain Amid Rate Hikes
U.S. mortgage rates have been rising amid the Fed's monetary policy tightening. Will they go up even more in 2022?
Do You Have Student Loan Debt? Tips for Getting Mortgage Approval
Knowing how student loan debt affects getting a mortgage is a crucial aspect for prospective homebuyers. Can student loan debt affect getting a mortgage?
What's an Escrow Shortage and What Options Are Available?
An escrow shortage can happen if property taxes or home-related insurance premiums increase. Borrowers can either pay an escrow shortage back in a lump sum or over 12 months.
Here’s How To Find the Best Mortgage Rate
If you’re in the market to buy a new home, you may be looking to get the best mortgage rate. Here are a few helpful tips.
Pay Off a Mortgage or Invest? What to Consider
If you have an extra chunk of money, should you pay off your mortgage or invest? Here’s what you should consider.
Credit Union or Bank: Which Is the Best for Your Mortgage?
As people decide on which mortgage to go for, the mortgage rates between credit unions and banks could make a huge difference to this decision.
Paying Off Your Mortgage Before Retiring May Be a Good Idea
For most people, paying off their mortgage before retiring frees up additional money that can be used to travel, invest, or relocate.
Biden's Mortgage Stimulus Helps Homeowners Amid COVID-19 Pandemic
Mortgage assistance programs are still available under Biden's mortgage stimulus. What options are available?
There Are Still Mortgage Relief Programs For Struggling Homeowners
Although the deadline for mortgage forbearance programs ended Sept. 30, 2021, mortgage stimulus relief programs are still available.
Mortgages Are Getting Out of Control—Here's Why
Mortgage rates were near zero for most of the COVID-19 pandemic. Why are mortgages getting out of control?
Should I Pay Off My Mortgage or Invest? Best Avenue for Extra Money
You have an extra chunk of change, what should you do with it? Should you pay off your mortgage or invest the money in the stock market?
Are Property Taxes Include in Mortgage Payments? Think 'PITI'
Are property taxes include in mortgage payments? See how homeowners and their mortgage lenders handle the annual or semiannual property tax bill.
What Credit Score Do Mortgage Lenders Use? FICO Score Options
What credit score do mortgage lenders use? Find out which FICO score models lenders often use and what other factors influence their decisions.
Freedom Mortgage CEO Stanley Middleman Has a Net Worth in the Millions
Although there isn't any definitive information on Stanley Middleman’s net worth, his company is estimated to be worth over $1 billion.
Mortgage Forbearance Will End on June 30, What It Means
The CARES Act provided mortgage forbearance during the COVID-19 pandemic, but that protection is set to end soon.
Reddit Footprints in Invesco Mortgage (IVR) Stock Rally—Is It a Buy?
Invesco Mortgage (IVR) stock bears substantial short interest, which makes it a strong Reddit short squeeze target. Should you buy IVR stock now?
Jim Cramer Paid His Mortgage and Bought a Farm With Crypto Profits
Despite Bitcoin's recent crash, "Mad Money" host Jim Cramer still stands by his crypto investments. Recently, Cramer bought a farm with his profits.
GNUS Stock Forecast: Can It Help Pay Off Student Loans or Mortgages?
Genius Brands is up 750 percent over the last year. What’s the forecast for GNUS stock? Is it a good long-term investment or a speculative bet?
Amid the Flurry of Mortgage-Lender IPOs, Is LoanDepot’s Worth It?
LoanDepot, one of the largest U.S. mortgage lenders, is going public soon. Should you buy LoanDepot IPO stock?
How Mortgage Points Lower Your Interest Rate
Mortgage points can decrease your interest rate if you pay extra upfront in closing costs.
Mortgage Lender loanDepot Is Getting a Second Chance at Their IPO
Despite slashed interest rates, online mortgage lender loanDepot is seizing the chance to take their stock public (again).
Why Mortgage Preapproval Is Essential for Homebuyers
Preapproval is a key step in securing a home mortgage. What do buyers need to get preapproved for a mortgage?
Will Congress Extend Mortgage Relief Programs?
For renters and homeowners, the bills are stacking up. Will Congress extend mortgage relief programs into 2021?
What Is the Rent and Mortgage Cancellation Act?
Thousands of people are worried about paying their mortgages amid the COVID-19 pandemic. The federal government may have a solution in the works.
Should You Lock in Mortgage Rates?
Interest rates can make a mortgage more expensive or cheaper. You can save money on a mortgage by locking in at a low rate.