30 and 15-year conventional mortgage rates have fallen to the lowest levels Quicken Loans has ever seen. Read on to see why you should take advantage of these rates today.
Currently mortgages are trending flat from where pricing was set yesterday morning. There are no major economic releases planned for today.
For three straight weeks, mortgage rates have dropped even lower. How and why? Read this week’s PMMS report to find out.
Good Faith Estimates are informative, vital, and required by the government so a borrower can get a good idea of what they will pay for their home. Not familiar with GFE’s? Read this week’s Know Your Mortgage to learn about them!
An estimated 2.7 million American households could refinance to today’s mortgage rates (which are at historic lows, in case you haven’t been paying attention) through the gov’s HARP program. And they can do it even if they owe more money than their home is worth. Up to 200%. But they aren’t. And we don’t know why.
How well do you know your home loan? Sure you’ve been making payments on it, but do you even know if it’s recourse or not? What’s recourse you ask? Read this week’s Know Your Mortgage to find out.
The housing market is ripe for the picking, as we see all mortgage rates drop this week. This is the second week in a row for falling rates; read the PMMS report to learn more!
Desperate times call for desperate measures. That’s why the Dodd-Frank Wall Street Reform and Consumer Protection Act was established in 2010.
It’s getting harder and harder to re-explain how affordable these mortgage rates are now as they dip even lower than last week. Read this week’s Primary Mortgage Market Survey to see why.
This week we dive headfirst into the world of FHA loans. What are they? Do I qualify? Am I asking too many questions? This and more answered inside.