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For the third consecutive week, the total number of mortgage loans in forbearance fell. According to the Mortgage Bankers Association, the rate fell by nearly 9 percent in the last week of June. In addition, Fannie Mae and Freddie Mac loans in forbearance...

If you are planning to purchase or sell a home in 2020, you should be aware that homes that are priced at $400,000 or below do not have to go through the appraisal process any longer. Federal regulators approved the rule in late 2019, which was the first change to the...

Some 3.4 million mortgages are currently in forbearance as a result of COVID-19. That is according to a recent report from Black Knight. Further, in March, mortgage delinquency increased by 3.39 percent, the first time that month has seen a jump since the “turn of the...

Driven by falling mortgage rates, the volume of purchase mortgage applications increased by 5 percent for its seventh straight weekly gain. Purchase activity increased by 18 percent year over year. While refinancing volume slid by a modest amount, overall purchases...

Rates for refinancing do not always align with home purchase rates. Yet, there’s hope: Low rates for refinancing is very doable. It will just take a little extra work. Here are five ways you may be able to score a good interest rate if you’re thinking about...

Though mortgage rates are somewhat in flux at the moment as a result of the COVID-19 (Coronavirus) crisis, there is a chance that today’s rates are lower than what your current mortgage rate is. What does that mean for you? Well, if your current interest rate is lower...

Looking to boost the amount of cash you have available in the midst of the COVID-19 (Coronavirus) crisis? If you have equity built up in your house, a cash-out refinance might be an option to consider. A cash-out refinance allows you to refinance your mortgage and use...