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Mortgage Application Activity Slows Again
The refinance share of mortgage activity inched up to 28.9% of total applications from 28.7% in the previous week. Continue Reading Mortgage Application Activity Slows Again
Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service
The consumers’ payments went into bank accounts controlled by Lozito, who used the money to fund his operation and to cover personal expenses. Continue Reading Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service
Additional Reading: Top Mortgage Industry News & Headlines
Your 2023 Guide to Low-Down-Payment Mortgages
Source: The New York Times --- It’s a perennial question for would-be home buyers: How can I possibly come up with such a huge down payment? The short answer, usually, is you don’t have to. Most first-time home buyers (and even many repeat buyers) don’t have the 20...
How much mortgage interest can you deduct on your taxes?
Source: CBS News --- Everyone wants to save on taxes, and one of the best ways is to maximize every possible deduction. The mortgage interest deduction used to be a mainstay for consumers, but the past few years have changed that. Some homeowners may be better off...
Mortgage delinquencies edge higher going into 2023
Source: firsttuesday Journal --- Underwater homeowners gain more company While an economic recession is not yet official in 2023, consumers are struggling to keep up with everyday expenses — including housing payments. 3.0% of U.S. mortgaged loans were 30 or more...
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