Why sellers are shunning FHA and VA offers
FHA and VA loans are essential to first-time buyers, who account for about 4 out of every 5 FHA purchase loans. However, in today's market, sellers are quick to dismiss offers that come with this type of financing. Here's why
by Steve Cook Sep 30
Deep dive into mortgage data claims glaring racial disparities
Journalists at watchdog say credit scores and algorithms used by Fannie Mae and Freddie Mac could be to blame
by Matt Carter Aug 26
FHA relaxes underwriting for student loan borrowers
Lenders can use borrower's actual monthly student loan payment when calculating their overall debt burden
by Matt Carter Jun 25
Forbearance rate drops for 7th week in a row
2.3M homeowners still aren't making their monthly mortgage payments
by Matt Carter Apr 19
Big mortgage insurer may jump on IPO bandwagon
After throwing in the towel on a $2.7 billion merger, Genworth Financial is considering spinning off its mortgage insurance division
by Matt Carter Apr 13
Foreclosure ban and mortgage forbearance through June
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides
by Andrea V. Brambila Feb 16
National Guard troops deployed to fight COVID eligible for VA loans
The new law is a 'game-changer' for thousands of members who support states' pandemic response, as they will now have access to zero-down-payment mortgages
housing market
Mortgage rates hit a new low last week as applications continued a downward trend, with total applications dropping 0.7%, according to the Mortgage Bankers Association
by Patrick Kearns Oct 14
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
Veterans Affairs loans have spiked since 2007 recession: Study
In 2007, only 30% of first-time service members and veteran buyers used a VA loan. That increased to 78% by 2016
by Patrick Kearns Mar 1
Nearly 60% of servicemembers can put zero down when buying a home
New survey from NAR looks into the the homebuying habits of active-duty servicemembers and veterans
by Patrick Kearns May 25
7 home fixes you must complete before selling
Prioritize the projects that will bring the most value
by Cara Ameer Jul 18
The 20% fallacy: Why you do NOT need 20% down -- or do you?
Homebuyers have more options than they realize
by Steve Cook Jul 11
Do you really understand your client's credit score?
Help your clients understand their options early in the homebuying process
by Chris Rediger Jun 22