Mortgage Industry News
SouthState Bank Launches Fund to Help LMI Borrowers Achieve Homeownership
To finance the fund, SouthState allocated $10 million that will be drawn from over a three-year period. Continue Reading SouthState Bank Launches Fund to Help LMI Borrowers Achieve Homeownership
UK Homeowners Facing Mortgage Rates Over 5%
Unlike the U.S., mortgage borrowers in the U.K. are required to renew mortgages on a cyclical basis. Continue Reading UK Homeowners Facing Mortgage Rates Over 5%
How to Financially Prepare for Buying a House
Source: U.S. News --- Getting to a point where you feel emotionally and mentally ready to buy a house can be a journey on its own. But your work doesn't stop there. Most homebuyers don't have a lump sum they can use to buy a home in one cash payment. Instead, buyers...
Mortgage Rates Move Lower For Third Straight Day
Source: Mortgage News Daily --- We're in the middle of a 4 day week culminating in one of the most important events of the year for interest rates. Thursday morning brings the release of the Consumer Price Index (CPI)--an inflation report that has resulted in bigger...
Cardinal Financial review: A mortgage lender with options for tiny homes and other unique housing
Source: Business Insider --- The bottom line: Cardinal Financial is a good mortgage lender for FHA borrowers or buyers considering a unique type of home, such as a tiny home or a shipping container home. Its application platform also makes it easy to upload documents...
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