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Commercial Mortgages: Real estate developers have plenty to worry about with the current economy

Commercial Mortgages: Real estate developers have plenty to worry about with the current economy

by Third Party | Oct 17, 2021 | Industry Updates, Mortgage Information

Source: Richmond Times Dispatch —  Ray LaMontagne most likely wasn’t referring to real estate in his song titled “Trouble” featured in an iconic Travelers Insurance commercial where a dog frets about a good place to hide his bone with the lyrics “worry just...
Revealed: The best mortgage lenders of 2021

Revealed: The best mortgage lenders of 2021

by Third Party | Oct 17, 2021 | Mortgage Information, News/Current Events

Source: Which —  First Direct and Nationwide Building Society have been named the best mortgage lenders of 2021, based on a combination of customer feedback and Which? analysis of the best deals on the market. We spoke to more than 3,500 homeowners and analyzed...
Vulnerable U.S. homeowners face uncertainty as mortgage forbearance ends

Vulnerable U.S. homeowners face uncertainty as mortgage forbearance ends

by Third Party | Oct 16, 2021 | Industry Updates, Mortgage Information

Source: Reuters —   Close to half a million low-income homeowners in the United States, many of them minorities, are nearing the end of mortgage forbearance plans that allowed them to halt loan payments during the pandemic, presenting a test for the mortgage...
This Is the Average Mortgage Borrowers Are Taking Out. Can You Afford It?

This Is the Average Mortgage Borrowers Are Taking Out. Can You Afford It?

by Third Party | Oct 16, 2021 | Mortgage Information, Real Estate Agent Tools

Source: The Fool —  Home prices are on the rise. And now, so are mortgage balances. Anyone who’s been following the residential real estate market knows that home values keep climbing as limited inventory and low mortgage ratescontinue to drive buyer...
Buying a house from across the country comes with a unique set of challenges

Buying a house from across the country comes with a unique set of challenges

by Third Party | Oct 16, 2021 | Mortgage Information, Real Estate Agent Tools

Source: USA Today —  Buying a house at any time can be stressful. But when relocating from one part of the country to another in a competitive seller’s market, the process poses even more hurdles to overcome. Just ask Adam and Mariah Cooke. The couple had been...
What is mortgage prequalification, and is it mandatory?

What is mortgage prequalification, and is it mandatory?

by Third Party | Oct 5, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Business Insider —  Do you think you’ll be ready to buy a home soon? Then you may want to apply for mortgage prequalification with a lender. The process is quick and free, and you can usually apply online. What is mortgage prequalification?...
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