Fannie Mae raised the debt-to-income ratio ceiling from 45% to 50%, as of July 29, 2017. This change opens a world of possibilities for many people who have previously been unable to qualify for a … [Read more...]
Millennials Are Driving the Housing Market
Millennials are growing older, getting jobs, and starting to buy homes. Entering the housing market might have been delayed for some, but Zillow reports that millennials are now the leading … [Read more...]
It’s Easier for Homebuyers with Student Loans to Qualify for a Mortgage in 2017
Many people wanting to buy a home can afford the monthly payment, but can’t qualify for a mortgage because of student loans. To help solve this problem, Fannie Mae implemented new rules this year that … [Read more...]
LIBOR-indexed ARMs
Although ARMs (adjustable-rate mortgages) are not the best option in every situation, they are helpful in certain situations when financing a home. So in this article, we explain the basics of … [Read more...]
CMT-Indexed ARMs
While financial jargon like CMT-indexed ARMs can be a bit overwhelming at first, all that it takes is a little bit of research to understand the various concepts. So in this article, we discuss … [Read more...]
Construction Conversion Mortgages
If you are considering building a house, you probably don’t like the idea of getting a construction loan that you’ll have to pay off with a permanent mortgage. And, you’ve probably thought of the risk … [Read more...]
Affordable Merit Rate Mortgages
A poor credit rating is perhaps the biggest obstacle to getting a mortgage to purchase a new home. And even if a homebuyer with a low FICO score qualifies for a home loan, the mortgage has a higher … [Read more...]
4 Things Every Borrower Should Understand About Mortgage Math
There are several mathematical formulas borrowers should understand when applying for a mortgage, to help them get the best possible mortgage with the lowest mortgage interest rate. So, here are 4 … [Read more...]
Which Homebuyers Can Benefit from a Bridge Loan?
Imagine living in a single family home for ten years, and comfortably paying off a sizable portion of the mortgage. But then, you take a new job and have to move quickly to a different state. You find … [Read more...]
6 of the Best Federal Government Mortgage Resources
Ever since the financial bailout following the 2007 housing crash, it’s been public knowledge that the federal government has a vested interest in a stable and healthy housing market. Of course, the … [Read more...]
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- 8
- Next Page »