According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly.
Why did rates go
Mortgage rates are near record lows, which means now is the perfect time for your home buyers to take advantage.
Your office might be a built-in desk in the corner of a spare bedroom, a downtown co-working space — or the front seat of your pickup. The Bureau of Labor Statistics reports there are 15 million self-employed workers in America living the dream, being their own boss. Sure, it can be a struggle, but there...Read More
As the housing market and hiring continue to recover, more consumers are making their mortgage payments a priority again.
There are many types of home loans, so it can be confusing determining which is right for your situation. Get some clarity at OnQFinancial.com today!
See what triggers these high-dollar home loans that have more demanding requirements.
This millennial embraced debt for her mom's sake and also ended up with a long-term investment.
Mortgage rates were on the rise this week, but continue to hover near three-year lows.
Fifty-four percent of Americans say that they believe it's not hard to obtain a mortgage—a record-high number for Fannie Mae's National Housing Survey.
Interest rates may remain lower than originally expected awhile longer.
Conforming loan limits will go up in 2016 for these markets where demand is high, rents are rapidly increasing and millennials are flocking.
Fannie and Freddie make it easier to afford solar panels and other efficiency upgrades.
The profile of typical borrowers who walk away from mortgages is not what you may expect
There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s. As a paper from the Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they…
$26 billion mortgage settlement between regulators, banks and state attorneys general could help homeowners underwater on mortgage.
Don't let your mortgage lender hold out on you! They're in on these secrets — and they could save you big.
The Consumer Financial Protection Bureau is warning the public about ads touting reverse mortgages as tax-free money that can help you achieve a leisurely lifestyle.
The monthly payment on some new homes is considerably higher, there is, however, a way to lower it by buying down the rate.