Over the past several years, mortgage lenders have been offering “early bird” conforming loan limits for the upcoming year. This allows them to make bigger… Read More »Did Mortgage Lenders Raise Their Early Bird 2025 Conforming Loan Limits Too High?
Even though mortgage rates have fallen quite a bit from their highs seen a year ago, they remain quite elevated relative to much of the… Read More »Those Double-Digit Mortgage Rates from the 80s Required You to Pay Points Too!
Well, it’s been over a week since the Fed cut rates and mortgage rates went up. While this may have come as a surprise to… Read More »Is This as Good as Mortgage Rates Get For Now?
I know, I know, mortgage shopping is the worst. It’s not a fun thing to do. It’s not like shopping for a new car or… Read More »The Other Reason You Should Shop Around for Your Mortgage
While lower mortgage rates have reinvigorated hope for the stalling housing market, 2025 might not wind up much better than 2024. Sure, lower interest rates… Read More »Home Purchase Lending Expected to Be Lackluster in 2025 Despite Lower Rates
There is apparently a “home cost crisis,” and a new fintech company called Mesa is looking to solve that. It’s no secret that home prices… Read More »Mesa Wants to Reward You for Every Dollar You Spend on Your Home
Want to lower your mortgage rate without a traditional refinance? Look into a “mortgage rate modification,” which does just that. Instead of having to contact… Read More »You Could Try a Mortgage Rate Modification Instead of a Refinance
Anyone who works in the industry probably saw this coming. But those who don’t might be left scratching their head. Yesterday, the Fed finally pivoted… Read More »Fed Rate Cut, But Mortgage Rates Up: What Gives?
If you’ve got a home equity line of credit (HELOC), payment relief may finally be here. The Fed is expected to “pivot” today, meaning they’ll… Read More »Why You Probably Don’t Want to Lock Your HELOC
What a difference a year makes. While the mortgage industry has been purchase loan-heavy for several years now, it could finally be starting to shift.… Read More »Rate and Term Refinances Are Up a Whopping 300% from a Year Ago
