Source: Howard Hanna — Howard Hanna Mortgage Services is pleased to share the news about an exciting decrease in mortgage insurance premiums. Starting on March 20, 2023 the Federal Housing Authority (FHA) will reduce annual mortgage insurance premiums by 0.3...
Source: South China Morning Post — Alfred Chen, a 44-year-old engineer in Hangzhou, had been thinking about moving to a bigger home and taking his parents with him. An extra bathroom for the elderly parents would be great, he thought. He had kept an eye on the...
Source: The Columbus Dispatch — The largest private employer in Columbus has cut some jobs in its mortgage business, a reflection of home lending being hurt by higher interest rates. JPMorgan Chase & Co.’s CEO, Jamie Dimon, acknowledged the losses in...
Source: The Ascent — It’s been a very difficult time to be an ordinary American homeowner as of late. If you bought a home in the last few years, you might be grappling with higher housing payments due to elevated home values. They climbed in the last...
Source: Buy Side from WSJ— For most people, the prime reason to refinance a mortgage is to lower their interest rate and monthly payments. So, when mortgage rates dipped to record low levels early in the coronavirus pandemic, refinancing activity soared. Right...
