MortgageNews

When Should You Start Looking for a House?

The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or anytime thereafter. We’ll get into the specifics in a […]

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2019 Mortgage Rate Forecast: We Could Be in for a Big Surprise

Just like that another year has passed, well almost, so it’s time once again to look forward to what the next 365 days might bring. Will 2019 be a winner […]

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Home Prices vs. Recessions

There have been three recessions since the 1990s, including the Great Recession, which took place from 2007 and 2009 and lasted about a year and a half. Earlier, a recession […]

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2019 Conforming Loan Limit Will Be $484,350 for Mortgages Backed by Fannie and Freddie

As expected, the conforming loan limit for 2019 has increased thanks to an ongoing rise in property values, according to a news bulletin released by the Federal Housing Finance Agency […]

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What Is Verification of Employment for a Mortgage?

When you apply for a mortgage, underwriters will comb through your finances to determine if you’re a good candidate for a loan. This includes verifying a lot of personal information, […]

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Wells Fargo the Top Mortgage Lender in 2017, Quicken Tops for Number of Loans

Despite closing a higher number of mortgage loans last year, Quicken was unable to wrestle the coveted top spot away from Wells Fargo, per HMDA data parsed by iEmergent. During […]

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Sell Your House or Rent It Out?

If you already own some real estate, perhaps a house or a condo, and are looking to move on, you might ask yourself if it’s better to sell it or […]

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How to Get Cash Out of Your Home in a Rising Rate Environment

In a perfect world, you could tap into your home equity and lower your mortgage interest rate at the same time. But because interest rates rise and fall over time, […]

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The Largest Nonbank Home Purchase Lender in the Nation Is a Wholesaler

Everyone wants to be #1 these days. I guess that’s no different than any other days, but the battle to be on top is growing more and more contentious, especially […]

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Borrowers Don’t Choose Mortgage Lenders for the Best Interest Rate

Conventional wisdom would lead us to believe that consumers go with the mortgage lender that offers the lowest interest rate. This appears to not be the case… In fact, it’s […]

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