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Mortgage Rates Surge as Inflation Lingers

Mortgage Rates Surge as Inflation Lingers

Source: US News ---  Mortgage rates jumped higher for the second week in a row as investors worry sticky inflation will cause more hawkish policy decisions from the Federal Reserve. The average 30-year fixed mortgage rate rose to 6.73%, from 6.55% the previous week....

MORTGAGE OPTIONS AND PROGRAMS FOR FIRST-TIME HOMEBUYERS

MORTGAGE OPTIONS AND PROGRAMS FOR FIRST-TIME HOMEBUYERS

Source: RisMedia --- When you are about to enter the housing market for the first time, the money you are about to spend could be daunting. Many expenses are involved when buying a home, but you might find some payment assistance available. There are mortgage programs...

Zombie Foreclosures continue to increase across the nation

Zombie Foreclosures continue to increase across the nation

ATTOM, a curator of land, property, and real estate data, released its first-quarter 2023 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,284,048) residential properties in the United States sit vacant. That figure represents 1.3 percent, or...

Churchill Mortgage Lender Review 2023

Churchill Mortgage Lender Review 2023

Source: Forbes Advisor --- What Churchill Mortgage Offers Churchill Mortgage Company operates in 49 states and offers a handful of different mortgage products that tend to be the more popular loan products. It’s not licensed in New York or Washington D.C. Churchill...

What Is a Reverse Mortgage & What Does It Mean to Me?

What Is a Reverse Mortgage & What Does It Mean to Me?

Source: The Street --- A reverse mortgage is an increasingly attractive proposition for older Americans who may be low on cash, need to supplement retirement income, and want to use their home equity to remain in the house they own. What Is a Reverse Mortgage? Reverse...