Mortgage and Real Estate Articles from Mortgage Research Center
6 days ago · On Halloween 1981, mortgage rates hit 18% and the typical house payment ate up 73% of a family's paycheck. by Tim Lucas in Real Estate. October 23, 2024 14 MIN.
Mortgage Rates Today, Nov. 13, 2024: Today's Big Inflation Report …
7 hours ago · November 13, 2024, 9:30 AM UTC 3 MIN. The average 30-year fixed rate mortgage was 6.85% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood …
What Is a Mortgage and What Can It Do for You? - Mortgage …
Jun 17, 2024 · Mortgages are secured by the underlying piece of real estate. If a borrower fails to make their payments, the lender can take legal action to gain ownership of the property. They …
Home Loans Articles | Mortgage Research Center
Oct 30, 2024 · USDA Construction Loans: A Comprehensive Guide for 2024. This comprehensive guide to USDA construction loans will go over everything you need to know about financing …
Conventional Loan Refinance Guidelines for 2024 - Mortgage …
Mar 1, 2024 · 25%. *to refinance with 3% equity, your current mortgage must be owned or securitized by Fannie Mae or Freddie Mac. Otherwise, a minimum of 5% equity is required. …
FHA Streamline Refinance: 2024 Guidelines and Loan Requirements
Feb 7, 2024 · Although most applicants won't encounter credit score or income requirements, there are still some guidelines that you'll need to meet to be eligible for an FHA streamline …
Getting a Mortgage at Any Age: Applicants 70+ Receive 5% of …
January 28, 2024, 11:56 PM UTC 4 MIN. More than 5% of mortgage loan dollar volume went to applicants over 70 years old in the third quarter of 2023, says the New York Federal Reserve. …
Calculators - Mortgage Research Center
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Rates Articles - Mortgage Research Center
Mortgage Rates Report and Outlook, July 1, 2024 — Jobs Report Week. Arguable the most influential economic report comes out Friday. A downbeat report could help mortgage rates, …
20 Tips to Get Lower Refinance Rates - Mortgage Research Center
Feb 26, 2024 · Lower your rate. Change your loan term. Get rid of mortgage insurance. Switch from an adjustable to a fixed rate (or vice-versa) Fund home improvements and renovations. …