3 December 2018
Borrowers eying a very modest home may be surprised to discover that a small mortgage of less than six figures can be even harder to get than a jumbo loan of a million dollars or more, simply because many lenders don't find them profitable.
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26 November 2018
Many homeowners are unwilling to give up their current low mortgage rates to move up to a new home, so instead they're increasingly opting for home equity loans to improve the one they already have.
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19 November 2018
FHA loans are easier to qualify for if you're a borrower with limited funds or weaker credit but can they hurt your chances of getting your offer accepted by a home seller?.
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12 November 2018
The Home Affordable Refinance Program is ending, but homeowners with little or negative equity will still have options for refinancing their mortgages.
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5 November 2018
A new rule requiring a second appraisal on many reverse mortgages could make if more challenging to qualify for these loans, but doesn't appear to have had much impact yet.
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29 October 2018
If you have a low credit score and high debt, buying a home is easier than it was almost a decade ago, even while overall credit requirements are tighter than they were before the crash.
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23 October 2018
With rates expected to keep rising in 2019, what can you do to boost your odds of qualifying for the lowest mortgage rate possible?.
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15 October 2018
If you’re looking for reasons to buy a home other than providing shelter for your family and potentially as an investment, you may want to consider your future education, health and income opportunities.
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8 October 2018
Do you need to pay for a residential real estate attorney to help you through the home-buying and mortgage processes? That depends on how confident you are that you won't run into problems.
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1 October 2018
Though often overlooked when it comes to mortgages, credit unions can offer benefits that other lenders may not do so well, such as having lower fees, knowing the local market and being able to make loans on unique properties.
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24 September 2018
A rate lock can provide you protection against the possibility that rates may rise after you apply for a loan, but they can come back to bite you if rates fall.
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17 September 2018
With low rates and rising home values, it's been a good time to get a home equity loan or HELOC in much of the country.But are those days drawing to a close?.
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10 September 2018
If your HELOC is nearing the end of its draw period, you might be thinking about refinancing it to avoid a financial hit or maintain the financial flexibility it provides.
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5 September 2018
Fewer international buyers are purchasing homes in the United States, a turnaround from a surge in 2017 that could have implications for the broader real estate market.
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27 August 2018
Some mortgage lenders are once again offering interest-only home loans, in limited numbers.But should you consider one?.
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20 August 2018
With all the benefits VA loans offer for veterans and members of the military, they aren't always easy to obtain.Some veterans may need additional help or may find other options to be more attractive in their situation.
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14 August 2018
Urban lifestyle offers plenty of benefits but can present a lot of challenges when it comes to finding and buying a home.
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6 August 2018
A 15-year mortgage can save you a lot of money in interest costs, but your monthly payments will be a lot higher than a 30-year loan.So do you bite the bullet or not?.
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1 August 2018
You want to buy a home, but how long will it take you to save for a down payment? And how much should you set aside each month?.
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23 July 2018
With only one income, single people can have a hard time affording a home and the mortgage that goes with it.Single women, however, are making it happen much more often than single men.
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