Many people mistakenly believe they canât afford to buy a home because they donât really know what their options are. Fortunately, home loans are not one-size-fits-all. There are a variety of different mortgages available to…
The post 8 Types of Home Loans Available for Homebuyers appeared first on Crediful.
Thanks to another year of stellar home price appreciation, the 2021 conforming loan limit will increase to $548,250, per the Federal Housing Finance Agency (FHFA). This is the maximum loan amount for mortgages that can be acquired by Fannie Mae or Freddie Mac, known as conforming mortgages. The figure is up from $510,400 for mortgages [&hellip
The post 2021 Conforming Loan Limit Rises to 8,250 first appeared on The Truth About Mortgage.
Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemicÂ More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute …
U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends Read More Â»
The post U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
In the past two years, investors have taken an unusual interest in the Federal Reserve Bank. That’s mostly due to a Fed policy known as ‘quantitative tightening’, or QT. Effectively, QT was the Fed’s attempt to reduce its holdings after … Continue reading →
The post What Is Quantitative Tightening? appeared first on SmartAsset Blog.
Fannie Mae and Freddie Mac’s 0.5% refinance fee is delayed until December 1. But to avoid the fee and higher refinance rates, you need to apply sooner than that.
It’s been good news this week for home buyers and home owners looking to refinance as mortgage rates have improved. It hasn’t been a big swing lower but mortgage rates have mostly remained lower after a drop on Monday morning. Read on for more details. Where are mortgage rates going?Â Â Â Â Â Â … View Article
President-elect Joe Bidenâs team has held preliminary talks on how it could oust Fannie Mae and Freddie Macâs regulator, a move that would let the new administration fill a post thatâs crucial to the mortgage market and its goal of boosting affordable housing.