The Secret to an Ultra-Low Mortgage Rate? Assume the Loan, If You Can
Assumable mortgages are hard to find, but they can come with cheap rates.
November 23, 2022 6 MIN
Assumable mortgages are hard to find, but they can come with cheap rates.
Here are some ways to save money when financing a home purchase.
ARMs are looking better and better after 30-year fixed rates touched a 20-year high.
Allowing the VA loan fees to reset as scheduled will save veterans and active-duty military members about $200 million annually, the lenders’ group said.
Applying for a mortgage involves lots of moving pieces. Avoid making these mistakes.
If you are buying a home, pay attention to pre-approvals and closing guarantees.
Alternative credit companies are promising scoreless Americans the chance to qualify for loans using accounts that typically don’t report to bureaus.
One will help you buy a home, and the other will get you laughed out of an open house.
When you apply for a mortgage, anything you say or do could derail your homebuying efforts. Proceed with caution.
For borrowers hoping to qualify for a USDA mortgage, "rural" is a surprisingly low bar.
Veterans using their VA loan entitlements will save more than $200 million a year when the funding fee reverts in April to its 2019 level.
Lenders now have the time to spend on a loan file that needs a little more TLC, since they're no longer flooded with 800-FICO-score, 20%-down loans.
Cash-offer startups like Ribbon and HomeLight are facing competition from traditional lenders in search of homebuyers.
There are options for mortgage borrowers who don't meet the credit score standards for traditional home loans.
Shelling out more upfront means you'll get a lower rate and a smaller mortgage payment, but is it the right course for everyone?
Should you buy a house now, at whatever mortgage rate is available, and plan to refinance later?
Opting for an ARM instead of a fixed-rate mortgage can be a good strategy if a homebuyer doesn't plan to stay in the house for more than five to seven years.
From buying discount points to choosing an ARM, there are ways to beat high rates.
