Mortgage Industry News
New Study Ranks the Best Reverse Mortgage Companies
Longbridge Financial was praised as “Best for Low Interest Rates.” Continue Reading New Study Ranks the Best Reverse Mortgage Companies
Mortgage Rates End 2023 in a Downward Spiral
“The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates End 2023 in a Downward Spiral
Should I Refinance My Mortgage?
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 now,...
This is why you need a mortgage pre-approval before shopping for a home
Source: CNBC --- If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your budget....
The mortgage rate you get depends partly on your credit score. Here’s what to expect
Source: CNBC --- Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several...
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Recent Posts
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