Posts Tagged ‘Mortgages’

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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2017 Was the Best Year for Home Purchase Mortgages Since the Market Peak

It turns out 2017 was a banner year for mortgages, just not all of them. A total of $ 1.148 trillion in home purchase mortgages were funded last year, the […]

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Flagstar Offering Zero Down Mortgages to Michigan Home Buyers

Flagstar Bank is the latest mortgage lender to offer a home loan with zero down payment requirement. They even go a step further by offering to pay the borrower’s closing […]

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While Mortgages Go Digital, People Still Matter, a Lot

The latest buzz in the mortgage world is e-mortgages, or digital mortgages, or paperless mortgages. Or mortgages that don’t require human interaction, or the painstaking process of getting dressed in […]

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1% Down Payment Mortgages Come Under Fire

While we’ve come a long way since housing bottomed, the memories of how we got there still don’t feel very distant. A lot of things contributed to the complete breakdown […]

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Today’s Mortgages Are Not Your Older Sibling’s Mortgages

While pundits and fusspots continue to question whether we’re headed for another housing bubble, consider this: The most recent mortgages were among the highest quality (lowest risk) since 2001. Indeed, […]

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How Risky Mortgages Might Make You Money

The recent trend of mortgage lenders requiring less and less money down might actually be a boon for investors everywhere. In case you haven’t noticed, big lenders like Wells Fargo […]

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The Mortgage Crisis Needed More Adjustable Rate Mortgages

You know what the mortgage crisis needed more of? Adjustable-rate mortgages. Yep, we needed more loans with variable interest rates to both avoid such a disastrous downturn and recovery more […]

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Small Mortgages Cost More and Are Harder to Come By

In the mortgage world, you’re more likely to get charged a higher interest rate for a larger loan amount, such as one above the conforming loan limit, in what is […]

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Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV

While this might sound like another exotic mortgage gone wrong, it’s actually a new program geared toward making the city of Detroit better, not worse. And somewhat ironically, it is […]

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