Real Estate News
Mortgage rates hold steady at 2.77%
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The average mortgage rate for a 30-year fixed loan fell two basis points last week to 2.77%, according to Freddie Mac’s Primary Mortgage Market Survey.

The post Mortgage rates hold steady at 2.77% appeared first on HousingWire.

The Lenders Giving Borrowers Second Chance Loans
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Brenda Woods didn’t want to move and leave the garden she had tended for 40 years. But the roof was falling in. And her bank wouldn’t give her and her husband Larry a loan to buy a replacement home. Brenda’s still tending her garden, though, thanks to a second-chance loan from the New Hampshire Community... Read More

The post The Lenders Giving Borrowers Second Chance Loans appeared first on Credit.com.

How to Get the Best Refinance Rates
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When it comes to your mortgage, as little as a half of a percentage point can save you tens of thousands of dollars over the life of a loan. So getting the absolute lowest interest rate when you refinance is critical. These tips show you exactly what you need to do to make sure you […]

The post How to Get the Best Refinance Rates appeared first on The Lenders Network.

Should I Pay Off My Mortgage Early?
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Buying a home is quite possibly one of the biggest purchases you’ll make in your lifetime. Since most people usually take out a home loan to pay for it, they quickly learn that the interest…

The post Should I Pay Off My Mortgage Early? appeared first on Crediful.

How COVID-19 is Affecting Mortgages
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Coronavirus cases are increasing at a phenomenal rate and sending the economy into free-fall. Every industry will be affected in some way, but the housing market could be one of the hardest hit. Borrowers are struggling to pay their mortgages, lenders are seeing far fewer applications, and we could be just around the corner from […]

How COVID-19 is Affecting Mortgages is a post from Pocket Your Dollars.

Closing Costs Scam: How Hackers Steal Homebuyer Cash Via Wire Fraud
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For many people buying a home can become a nightmare when hackers target vulnerable systems to hack email accounts and steal their hard earned closing costs

The post Closing Costs Scam: How Hackers Steal Homebuyer Cash Via Wire Fraud appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters - please visit biblemoneymatters.com for more great content.

Atlantic Home Mortgage adds new loan officer for Georgia branch
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Premier mortgage lender, Atlantic Home Mortgage (AHM) has announced the
Does a Refinance Require an Appraisal?
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Mortgage Q&A: “Does a refinance require an appraisal?” A reader recently asked if they needed an appraisal to refinance their existing mortgage, knowing they can often add weeks to the loan process. As with anything in the mortgage realm, the answer is it depends. Mainly, it depends on the type of loan you plan to [&hellip

The post Does a Refinance Require an Appraisal? first appeared on The Truth About Mortgage.

FHA mortgage qualifying gets tougher for the self-employed
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Due to coronavirus, there are new rules for self-employed home buyers who want to use FHA loans. Learn about new lending rules here.
Mortgage Rates Making Steady Progress Over The Past Week
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Mortgage rates are off to a decent start this week with the average lender offering slightly better terms compared to last Friday. The progress actually began earlier last week. On Tuesday morning, rates were at their highest levels in exactly 2 months after jumping at a relatively quick pace in response to the Georgia senate election. The underlying bond market was making an adjustment for a likely increase in Treasury issuance in the short term. There was no way to be sure how long that adjustment would last or how much it would impact rates. That uncertainty began to clear up on Tuesday as a scheduled auction of US Treasury debt was met with strong demand. After that, the tone in the bond market shifted for the better and we've seen additional examples of resilience. In general, when bonds
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