Lee BIA Builders Care and Lennar Homes partnered to present the life-changing home renovations to the 75-year-old homeowner, Guy DiPasqual, all at no cost.
With rate-hike forecasts looming, how long can buyers count on borrowing costs to stay low?
If you're putting down less than 20%, the FHA's mortgage insurance premium could cost you more than private mortgage insurance with a commercial lender.
Just because a lender is willing to offer you a loan doesn't mean you should take it.
Many mortgage shoppers, particularly first-time home buyers, are leaving money on the table.
A 15-year mortgage is the dream home loan for home buyers who can afford the much higher monthly payments and want to shred their mortgage in half the usual time while saving thousands or even tens of thousands of dollars in interest. To make a 15-year mortgage work, you’ll need a reliable income and enough...Read More
Owning a home free and clear isn’t always the right goal for older people. Should your clients roll the dice with real estate investments?
There is no doubt that getting a mortgage is easier today than it was right after the housing crash a decade ago. However, the easing of credit availability has led to some questioning of whether or not we are headed for another housing crisis.<br>Let’s put everything into the proper perspective.<br>M
Shopping for a mortgage is not nearly as interesting (or as much fun) as shopping for a home, but it can be just as important as finding the right house.
HAMP recipients will be reminded that their loan modifications aren’t permanent.
The perception of reverse mortgages is changing. They can be an integral part of a carefully crafted retirement plan.
Prepaying your mortgage can help you save thousands of dollars in interest. But before you prepay your mortgage, it's important to understand a few things.
It takes a good credit score to get favorable mortgage rates. Then, how you pay a mortgage will shape your score – just having one can lower it at first.
Age discrimination in lending is illegal--and Baby Boomers are lapping up cheap 30-year fixed rate mortgages. Smart or dumb?
There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home, plus the cost of financing that home. If mortgage interest rates increase, fewer people will
These facts can save you thousands of dollars and make the homebuying process smoother.
Believe it or not, you may be able to seal the deal even with a credit score below 620.
Reverse mortgages allow homeowners age 62 or older who own their home outright or who have a small mortgage balance to convert the equity in their primary residence into a liquid, tax-free asset. Borrowers can take their money in a lump sum or as a monthly payment, or set up a line of credit. Interest accrues on borrowed funds. Unused lines of credit continue to grow at the same compounded interest rate as the cost of money<br>Financial advisers who dismissed reverse mortgages…
It's illegal to deny a woman a mortgage because she's pregnant or on maternity leave. Unfortunately, things don't always go according to plan.
Tech tools are making getting a home loan more streamlined than ever before, but can they cut out the paper trail entirely?
Not exactly sure how a mortgage works? Don’t feel bad—the average home buyer doesn’t either.