Loans in Forbearance Remained Flat From November to December
The total number of loans now in forbearance remained at 0.7% from November to December 2022, as stated in a ...
Tag: Loans
A Look at the Maximum Seller Concessions for Popular Loan Programs
With many costs involved when buying a home, anything you can do to lower the expense when your finances are ...
Increased Conforming Loan Limits Make Millions of U.S. Homes More Financially Accessible
Real estate agents have positive news to bring potentially skittish buyers in the new year. A recent Zillow report suggests ...
FHFA Announces Increases in the 2023 Conforming Loan Limits
The new baseline conforming loan limit value for one-unit properties in 2023 will be $726,200, an increase of $79,000 from ...
Pros and Cons of an FHA 203k Loan: What You Should Know
Have you heard people talk about an FHA 203K loan and wondered what it was and how it worked? Buying ...
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 12% over last week, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey ...
FHFA Raising High Balance and Second-Home Loan Fees
The Federal Housing Finance Agency (FHFA) recently announced targeted increases to Fannie Mae and Freddie Mac's upfront fees for certain ...
CFPB Issues Final Rule to Facilitate LIBOR Transition
The Consumer Financial Protection Bureau (CFPB) recently finalized a rule facilitating the transition away from the LIBOR interest rate index ...
New Home Purchase Applications Down in September as Loan Size Rises
Mortgage applications for new home purchases decreased 16.2% YoY. Compared to August 2021, applications decreased by 4%., according to the ...
The Great Housing Market Correction of 2023
For much of the past two-and-a-half years, it has been a housing market free-for-all, with bidding wars, multiple offers over... Read more.
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