DTI, your ‘debt-to-income ratio,’ includes taxes and insurance as part of your mortgage payment. Here’s how to find your DTI with taxes and insurance.
Tagged: low mortgage rates
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.
How mortgage rates are determined and why you should care | Mortgage Rates, Mortgage News and Strategy – The Mortgage Reports
How mortgage rates are determined and why you should care | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Mortgage rates keep on marching lower and lower, with new records broken seemingly every week. But with all the fervor surrounding mortgage rates, some lenders are playing the âhow low can we appear to goâ game. For example, mortgage lenders may be talking about their lowest rates (with multiple points required), as opposed to offering [&hellip
The post Watch Out for Low Mortgage Rates You Have to Pay For first appeared on The Truth About Mortgage.
If and when you take out a mortgage, youâll be faced with an important choice. To pay or not pay mortgage points. In short, those who pay points should hypothetically secure a lower interest rate than those who do not pay points, all else being equal. Thatâs because mortgage points, at least the ones that [&hellip
The post An Alternative to Paying Mortgage Points first appeared on The Truth About Mortgage.
The housing market remains hot, but the outlook for the year ahead has become murkier as COVID-19 vaccines roll out.
The post Home-Builder Confidence Slips From Record High in December, as Buyers Get Cold Feet appeared first on Real Estate News & Insights | realtor.comÂ®.
The Federal Reserve said it expects to keep interest rates low until labor market conditions and inflation hit the Committee’s standards.
The post Fed will keep interest rates low until economy recovers appeared first on HousingWire.