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Cash-strapped, 55-and-older homeowners can weigh no-payment reverse second
Home equity lines of credit often come with income standards that prevent certain older Americans from qualifying.
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How a bridge loan can help homebuyers avoid dreaded contingency
Though expensive, it could be one solution for homebuyers looking to unlock home equity and use it toward a home purchase without a contingency attached.
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Should homebuyers consider an Attorney Opinion Letter to reduce closing costs?
More lenders are contemplating the letters instead of title insurance.
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Freddie Mac adds California programs to its down payment assistance website
In what might be a first for the mortgage giant, DPA One offers consumers a free tool to find local down payment programs.
With credit card debt rising, homeowners can borrow to ease payment pain
Does a mortgage rate downswing mean it’s time to refinance or add a second mortgage or home equity line-of-credit?
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2024 housing predictions: Title insurance and commission rates will tumble
Fannie Mae has expanded a more affordable option for title insurance to condos and HOAs.
Freddie Mac unveils tool to help clear condo financing reviews faster
With the click of a few keys, loan originators will know if a condo project is certified” or "not eligible" for government-backed financing.
Government-backed mortgage loan caps rising to $1,149,825 in OC, LA
For more moderately-priced communities, the conforming loan limit rose 5.5% to $766,550 for 2024 from the current $726,200.
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Can you buy a home with nothing down? FHA has zero-down loan
The program does not include some of the common requirements that stall buyers like income caps and high FICO scores.
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Homebuying fires back up as rates decline 3rd week in a row
“We’ve seen a peak in mortgage rates," said Mark Zandi, chief economist at Moody’s Analytics.