Experts said mortgage rates would over 4.5% by now. Instead, they’re in the 3s. For March, there are several threats to low rates. Should you lock today? Continue reading
Archive | Mortgage
RSS feed for this sectionThe VA Energy Efficient Mortgage (EEM): What it is and how it works
The VA Energy Efficient Mortgage (EEM) is a special loan program which helps homeowners to finance the cost of a home’s energy-efficiency improvements. Continue reading
What is a mortgage rate lock?
Every mortgage borrower needs a mortgage rate lock. You can’t close on a home without one. Advice on getting the best rate lock possible for your loan. Continue reading
VA loan benefits and requirements: 2021 VA home loan guide
VA loans offer benefits unmatched by conventional and FHA financing, plus the program provides extra low mortgage rates to eligible military borrowers. Continue reading
What Are The Current VA Mortgage Loan Limits?
VA mortgage loans are an important part of the U.S. housing market and, for eligible borrowers, there is no explicit loan limit. You can borrow as much as you need. Continue reading
Are 15-Year Mortgages Better Than 30-Year Mortgages?
Homeowners are choosing the 15-year mortgage over the 30-year loan more often since 2014. Read why, then decide for yourself which mortgage loan is better. Continue reading
Ellie Mae: More Loans Getting Approved, More Refinances Getting Closed
Low interest rates, rising rents, and loosening mortgage guidelines have pushed refinances to a 47% market share. More purchases are getting approved, too. Continue reading
Freddie Mac: Mortgage Rates Now Lowest In 385 Days
Mortgage rates are defying expert forecasts, and have just dropped to their lowest levels in 55 weeks. Analysis of mortgage rates plus float/lock advice. Continue reading
Buy A New Construction Home Inexpensively, In 2016
Amid low mortgage rates are rising rents home buyers are snapping up today’s new construction. Analysis, plus access to today’s live mortgage rates. Continue reading
Case-Shiller Index: Typical U.S. Home Value Up 36% Since 2012
Case-Shiller Index reports home values up more than 36% since 2012. How valid is the data, though? San Francisco, Denver, and Portland lead the pack. Chicago and Washington, D.C. lags. Continue reading