Mortgage Industry News

4 Ways to Save Up a Home Down Payment in 2023

4 Ways to Save Up a Home Down Payment in 2023

Source: The Ascent --- If you're hoping to buy a home in 2023 or soon after, you'll need to get to work on saving up a down payment if you haven't already done so. Most mortgage lenders do require at least a small down payment, and a larger one of 20% of your home's...

Bitcoin-collateralized mortgage launched by cryptofinance firm

Bitcoin-collateralized mortgage launched by cryptofinance firm

Source: National Mortgage News --- XBTO Group, a Miami-based crypto finance platform and asset manager, unveiled its bitcoin-collateralized mortgage offering this week. The company plans to offer the product to home buyers making purchases valued at $1 million or more...

Reverse Mortgages – The Good, The Bad and The Misunderstood

Reverse Mortgages – The Good, The Bad and The Misunderstood

What am I doing with my day today and most days?  Mortgages – all kinds of mortgages.  I have been a mortgage broker over 25 years now and it always amazes me of the information that is out there, it always has a slant on it.  There is always a bias on whether it is...

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