Category: MortgagePage 7 of 7

The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing…

First-time buyers as a share of the housing market continues to lag, and with interest rates potentially going up as soon as December, things could potentially get worse…

First-time buyers as a share of the housing market continues to lag, and with interest rates potentially going up as soon as December, things could potentially get worse…

Good news for potential home shoppers: A Mortgage Bankers Association index shows lender requirements regarding credit scores, down payments, and other key terms are finally loosening up. Some…

Many borrowers are paying more than they need to for a mortgage because they didn’t shop around for lenders enough, according to a new study released by the…

Last week, the Federal Housing Administration announced it will cut its annual mortgage insurance premiums, likely resulting in about $900 in savings for borrowers and potentially opening the door…

In an editorial this Sunday, The New York Times blasted those who warn of a new foreclosure crisis stemming from the recent loosening of credit standards for cash-strapped…

GSE’s Detail Low Downpayment Program On December 8, 2014, Fannie Mae and Freddie Mac released details on new mortgage product offerings that will provide access to qualified borrowers…

Mortgage giants Fannie Mae and Freddie Mac announced Monday that first-time home buyers can now qualify for loans with down payments as low as 3 percent. That will…

The government is throwing in more incentives to keep borrowers who modify their loans through the Home Affordable Modification Program (HAMP) current on their mortgages. HAMP borrowers who…

Seventy percent of adults in the U.S. say they’re unfamiliar with down-payment assistance programs for middle-income home buyers in their community, according to a NeighborWorks America survey of…

Fannie Mae and Freddie Mac’s new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers…