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22 May 2014
Jumbo loan rates are very close to conforming loan rates in many markets, making bigger, more expensive homes more affordable while allowing buyers to stay within their budget.
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10 May 2014
Adjustable-rate mortgages have been out of favor for some time, but with mortgage rates poised to start rising again, the potential savings they offer could draw borrowers back to them.
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2 May 2014
What happens to your mortgage if you should pass away before it's paid off? While it's not a pleasant thing to contemplate, it is something you should plan for if you want the property or its equity to pass to your heirs trouble-free.
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9 April 2014
Lenders are introducing more mortgage offerings for jumbo loans, an indication that mortgage credit is easing for high-end borrowers even while it remains tight for everyone else.
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20 March 2014
Mortgages are closing more quickly, while credit requirements for obtaining a loan have eased significantly over the past year, according to a new industry report.
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26 February 2014
Applying for a mortgage can be an intimidating process, particularly for first-time homebuyers.It doesn't help that there's a lot of conventional wisdom out there that is either misleading or flat-out wrong.
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6 February 2014
Getting a mortgage after a divorce can be a challenge.A divorce may end your marriage, but your finances can remain intertwined for years to come, adding to the challenge of qualifying for a loan.
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28 January 2014
Tonight's State of the Union message will be when President Barack Obama lays out his proposals and goals for the coming year.Will housing and mortgages be part of the mix?.
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7 January 2014
Young buyers often rely on family assistance in raising the money for a down payment on their first home.Until recently, though, they still had to come up with a big chunk of their own dough in order to qualify for a conventional loan.
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17 December 2013
There's a big jump in mortgage fees coming this spring and it's headed straight for borrowers with good credit.
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14 December 2013
Changes at the top of federal bureaucracies often seem to have little effect on the average person.But this week's confirmation of former U.S.Rep.
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6 December 2013
New mortgage rules taking effect next month won't change anything on homeowner's current mortgages and it won't prevent borrowers from taking out home loans with debt-to-income ratios above 43 percent, despite widespread claims to the contrary.
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26 November 2013
What's the difference between getting prequalified and preapproved for a mortgage? If you're planning to buy a home, you may have been told you should do one or the other, but be aware that they are not the same thing.
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22 November 2013
Mortgage borrowers will be getting simplified and more streamlined disclosures spelling out the terms of their loans, now that the new forms have been finalized by the Consumer Financial Protection Bureau (CFPB).
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20 November 2013
Home purchase mortgages are expected to outnumber refinances next year for the first time since the turn of the century, according to a new forecast from Freddie Mac.
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29 October 2013
Mortgage lending for home purchases is expected to increase by 9 percent next year, but overall lending is still expected to be down by nearly a third due to a continuing decline in refinance activity.
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21 October 2013
The days of fogging up a mirror to get a home loan are over, but one remnant of that era of only five years ago will soon be gone: interest-only loans.
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15 October 2013
Proving your income is a basic part of applying for a mortgage.But there's more to it than just handing over a couple of paystubs.
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11 October 2013
Housing and mortgage industry trade groups are banding together to press the Federal Housing Finance Agency (FHFA) to hold off on its plans to reduce the size of mortgages that can be approved by Fannie Mae and Freddie Mac.
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2 October 2013
The FHA and VA are still processing mortgages, but an inability to get critical information from other federal agencies could throw a wrench into mortgage applications across the board during the government shutdown.
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