Homeowners Are Struggling with Rising ARM Payments. What Are Their Choices?
Should borrowers refinance their ARMs to fixed-rate mortgages? Or are their "ARM caps" enough to protect them?
16 hours ago 4 min read
Should borrowers refinance their ARMs to fixed-rate mortgages? Or are their "ARM caps" enough to protect them?
Customer satisfaction with mortgage servicers is plummeting. What's going on?
Choosing the right mortgage lender is about more than just getting the lowest interest rate. It’s about trust, transparency, and finding a true partner for one of your biggest financial decisions.
An industry insider gives an inside look at the Loan Estimate, or LE, the mortgage shopper's secret weapon when comparing lender offers.
Here are the 10 biggest "retail" (direct-to-consumer) lenders in the country for homebuyers purchasing their primary residence.
While renting comes with lower upfront costs than owing a mortgage, buying a home offers wealth-building opportunities and stability. The right choice depends on your timeline, finances and lifestyle.
Buying your first home can feel like an impossible dream in today’s tough market, but you might be surprised that you qualify for first-time homebuyer programs — even if you’ve previously owned a home.
We estimate home prices you might be able to afford on a $70,000 annual salary based on common lending assumptions.
What's the real max DTI for a mortgage? Not what you think. A loan officer breaks it down.
Choosing the right lender can make or break the home-buying experience. But if you've already begun the process with one mortgage company, can you switch to a different lender for your loan?
Avoiding common first-time homebuyer mistakes can help you save money, reduce stress, and start your homeownership journey on the right foot. A little planning now can prevent big regrets later.
Using retirement funds to buy a house will likely lead to penalties and a larger tax bill. It can also reduce your account's future earning potential.
USDA guidelines set waiting periods for obtaining a mortgage following adverse credit events such as bankruptcy, foreclosure, and short sales. However, compensating factors and proof of extenuating circumstances may help you qualify sooner.
It's possible to leverage crypto for a down payment on a traditional mortgage, but plan your steps carefully.
Buying a home with a friend, partner, or sibling, can help you afford a home. But a little planning upfront can save a lot of trouble later.
The government has unveiled plans designed to cut costs for mortgage applicants.
Fixer-uppers offer affordability and potential equity but require time and repairs. Move-in-ready homes are less hassle but cost more. Both come with trade-offs, so the right choice often depends on your finances, timeline, and risk tolerance.
Fannie Mae and Freddie Mac should soon begin to take bitcoin and some other cryptocurrency assets into account when deciding mortgage applications.
