Tagged: forbearance

Why Does My Mortgage Keep Getting Sold?

Why does your mortgage get sold and why can it happen multiple times? Banks and mortgage servicers constantly run the numbers to determine your value.

The post Why Does My Mortgage Keep Getting Sold? appeared first on Real Estate News & Insights | realtor.com®.

What Is a Stafford Loan and How Do You Qualify?

If you’re in search of financial help for higher education, you may have explored different scholarships and grants to pay the way. Gifted money is a great way to pay for school without having to worry about paying it back … Continue reading →

The post What Is a Stafford Loan and How Do You Qualify? appeared first on SmartAsset Blog.

Forbearance rate falls to mid-April levels

The U.S. forbearance rate fell seven basis points last week to 5.46% of servicer’s portfolio volume, according to a survey from the MBA.

The post Forbearance rate falls to mid-April levels appeared first on HousingWire.

Should You Make Payments During Coronavirus Student Loan Deferment?

As Americans grappled with the financial consequences of the pandemic in March of this year, the federal government took several actions to help cash-strapped consumers. For starters, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in late March of 2020, which included a temporary suspension of payments and interest for government-owned student […]

The post Should You Make Payments During Coronavirus Student Loan Deferment? appeared first on Good Financial Cents®.

5 Unwelcome Financial Surprises to Watch Out for in 2021

The last thing anyone wants to do right now is reflect on this year. It was dreadful. Let’s move on. Before you do, though, it’s a good idea to take stock of how your finances may have changed during the last 12 months and make any needed adjustments. Here are five areas of your finances […]

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U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends

Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic  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 …

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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.

What to Know Before Taking Out a Subsidized Loan

Attending college or university is a dream for a ton of people. Yet higher education can be expensive, seemingly putting that dream out of reach for many students and families. Tuition at American schools has steadily increased for decades, so it can be hard for your average student to afford it. But it’s not only… Read More

The post What to Know Before Taking Out a Subsidized Loan appeared first on Credit.com.