Construction Numbers Pushed Higher by Multifamily Mortgage
Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Student Loan Debt Holding Back Majority of Millennials from Homeownership. This week we’re bringing you: Construction Numbers Pushed Higher by Multifamily Mortgage. […]
Student Loan Debt Holding Back Majority of Millennials from Homeownership
Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Mortgage Applications Continue Downward Trend. This week we’re bringing you: Treasury removes restrictions on investment properties* Suspension of recent PSPA amendments restricting […]
Mortgage Applications Continue Downward Trend
Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Unlicensed Mortgage Broker Defrauded Wholesale Lenders. This week we’re bringing you: 63% of Americans think it’s a bad time to buy a […]
Unlicensed Mortgage Broker Defrauded Wholesale Lenders
Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Mortgage Profits Drop In Second Quarter On Lower Volume. This week we’re bringing you: Fannie Mae’s Lyle Radke to speak at HW […]
Why Should Homeowners Refinance Now?
Refinancing a mortgage makes a lot of sense—if the math is in the borrower’s favor. If they can reset their loan at a lower interest rate than what they’re currently paying, they may be able to: Refinance now and save big Take cash out at closing to cover a home improvement project, pay off debt, […]
Should You Refinance to an Adjustable Rate Mortgage?
(via Home Loan Advisor) An adjustable rate mortgage (ARM) is a type of mortgage where the interest rate charged on the outstanding balance varies based on a specified schedule. The interest rate is initially fixed for a given period after which the rate is set periodically. There are many advantages associated with the adjustable rate […]
Should Baby Boomers Refinance?
Between 2015 and 2030, the American population will experience a significant shift, as more than 130 million people will be at least 50 years old, and all of the baby boomers will have retired, which means that a fifth of the population of the country will be at least 65. Based on current trends, that […]
How Can FHA Loans Help You Buy a Home?
FHA loans are specifically designed to assist homebuyers in purchasing homes they couldn’t afford if they opted for other types of mortgages. The Federal Housing Administration (FHA) was founded in 1934, and its aim was to help people purchase homes. This organization does not make any loans, but it does insure the finance that private […]
What You Should Know About ARMs
Adjustable rate mortgages, or ARMs, are mortgages with varying interest rates that are usually determined by performance of benchmark indexes. As the index rate changes, your rate of interest will be adjusted periodically. Here is a brief ARM glossary: Index- The index is essentially a guide that lending institutions use to measure changes in the […]
How to Sell Your House Without a Real Estate Agent | Top Tips
Most people rely on a real estate agent when they want to sell their house, but it is possible to get a buyer on your own. It may take a little more effort but you will end up saving the commission you would have paid to the agent. Here are a few tips to help […]
