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7 June 2014
Michael Poulos isn't surprised when people turn to credit unions to apply for mortgage loans.
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31 May 2014
Modular homes can offer an attractive and affordable option for potential homebuyers.With the inventory of existing homes on the market in short supply, and the cost of new home construction often prohibitive, modular construction can offer a way of getting a well-built home at an affordable price.
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3 May 2014
Now that the dread Winter of 2014 finally seems to be behind us, the spring homebuying season is upon us.It's the most popular time to buy a home, but also the most competitive.What do you need to do to be ready for it?.
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26 April 2014
Tight credit is shutting out about 10-15 percent of qualified borrowers who otherwise might be buying homes, according to Housing and Urban Development Secretary Shaun Donovan.
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26 March 2014
It's no secret that to get a mortgage these days, you want to have good credit.However, there are a lot of misconceptions floating around out there about just what sort of things affect your credit score.
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14 February 2014
In a big break for borrowers with damaged credit, mortgage giant Wells Fargo is easing back into the market for subprime loans.
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13 January 2014
Should you buy a home or would you be better off renting? With the economy gradually improving, but mortgage rates and home prices still relatively low, it's a question many potential homebuyers are pondering.
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9 January 2014
The new federal rules for "qualified mortgages" go into effect on Jan.10.But that doesn't mean you're out of luck if you're a borrower who needs a home loan that doesn't meet those guidelines.
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3 January 2014
High-income borrowers obviously have financial advantages when it comes to seeking a mortgage.But they're also more likely to pursue strategies that help them find the best deal, strategies their fellow borrowers might do well to adopt.
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21 December 2013
Keeping your New Year's resolutions is always tough.So if you've resolved to make 2014 the year you become a homeowner, here are four strategies to help you stay on track to keep that resolution.
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22 November 2013
The decision by Senate Democrats to push the button on the "nuclear option" will likely have a significant impact on home loans by clearing the way for two Obama nominees to key posts with major influence over the mortgage markets.
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18 November 2013
Home buyers typically pay closing costs of 2-5 percent of the purchase price of a home, paying an average of $3,700 in fees to lenders and other parties that have a hand in paperwork you may never understand.
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4 November 2013
In trying to get a mortgage when buying a home, there are some home problems that can be overcome by a handyman - leaking pipes, broken doors and water stains on walls, for example.
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11 October 2013
Getting a preapproval has long been considered the first step in lining up a mortgage to buy a home.But like so many other things in the housing market these days, that's increasingly not the case.
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27 September 2013
Should you prepay your mortgage? For many years, the answer has always been a resounding "Yes!" But in today's low-rate environment, the picture isn't as clear as it once was.
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19 September 2013
Financially stressed consumers are placing a higher value on keeping up with their mortgage payments, marking a return to precrash norms.
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12 August 2013
Applications for mortgage refinancing[[sitetree_link,id=13]] have been dwindling as rates have risen in recent months.But if you haven't been able to refinance yet, those higher rates might represent an opportunity.
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7 August 2013
When you're about to purchase a property, the biggest continuing cost is your mortgage.Taking out a secured loan involves a huge amount of money and the loan also pledges your home as collateral to the loan.
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12 June 2013
The number of homeowners with underwater mortgages continues to fall, with another 850,000 mortgages returning to positive equity in the first quarter of the year.
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1 April 2013
Mortgages accounted for nearly half of the complaints received by the Consumer Financial Protection Agency (CFPB) in its first year-and-a-half of operation, the agency has reported.
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