Category Archives: Mortgages

Greg McBride: Lay down ARMs?

Posted on February 2, 2016 by

Don’t rule out adjustable-rate mortgages as interest rates rise. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on Greg McBride: Lay down ARMs?

Renters hit with above-average price growth in 2015

Posted on January 12, 2016 by

Rent prices for new residents rose about 5% in 2015, according to new research. Continue reading →

Posted in Mortgages | Tagged , , , , , | Comments Off on Renters hit with above-average price growth in 2015

Uncle Sam: PMI is tax-deductible

Posted on December 29, 2015 by

Congress recently passed the Protecting Americans from Tax Hikes Act of 2015, which includes a few temporary tax breaks for homeowners. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on Uncle Sam: PMI is tax-deductible

Fed rate hike will hit HELOCs soon

Posted on December 17, 2015 by

Thanks to the Federal Reserve, HELOC borrowers are about to get higher interest rates and payments. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on Fed rate hike will hit HELOCs soon

2016 FHA loan limits released

Posted on December 10, 2015 by

The Federal Housing Administration announced its 2016 loan limits this week. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on 2016 FHA loan limits released

FHFA conforming loan limits mostly unchanged

Posted on November 25, 2015 by

The conforming loan limit will stay at $417,000 for one-unit properties in most U.S. counties, the Federal Housing Finance Agency said Wednesday. Continue reading →

Posted in Mortgages | Tagged , , , , , | Comments Off on FHFA conforming loan limits mostly unchanged

Borrowers more satisfied with lending process

Posted on November 17, 2015 by

A new J.D. Power study shows that consumers are more satisfied overall with mortgage origination this year than in 2014. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on Borrowers more satisfied with lending process

FHA tweaks condo approval rules

Posted on November 16, 2015 by

The Federal Housing Administration has made changes to its condo rules to expand the availability of affordable housing options. Continue reading →

Posted in Mortgages | Tagged , , , , , | Comments Off on FHA tweaks condo approval rules

What ‘yuge’ job gains mean for mortgage rates

Posted on November 6, 2015 by

The U.S. economy added a whopping 271,000 jobs in October, according to the Bureau of Labor Statistics. Continue reading →

Posted in Mortgages | Tagged , , , , | Comments Off on What ‘yuge’ job gains mean for mortgage rates

Existing-home sales bounce back

Posted on October 22, 2015 by

Existing-home sales rose by 4.7% from August to September, according to data from the National Association of Realtors. Continue reading →

Posted in Mortgages | Tagged , , , | Comments Off on Existing-home sales bounce back