Create a Phone Number Just for Mortgage Shopping
I think just about everyone can agree that shopping for a mortgage isn’t fun. This would explain why few people actually shop around for a… Read More »Create a Phone Number Just for Mortgage Shopping
United Wholesale Mortgage Launches 1% Down Home Loan for Brokers
Yep, it’s another post about a 1% down home loan, which seems to be the next big thing in the mortgage realm. That and zero… Read More »United Wholesale Mortgage Launches 1% Down Home Loan for Brokers
BancorpSouth Has a No Fee 100% LTV Mortgage That Doesn’t Require Mortgage Insurance
While it might sound too good to be true, BancorpSouth out of Tupelo, Mississippi has a mortgage with virtually no fees and no down payment… Read More »BancorpSouth Has a No Fee 100% LTV Mortgage That Doesn’t Require Mortgage Insurance
Fifth Third Bank Offering No Down Payment Mortgage
It appears the pesky down payment hurdle to homeownership is finally being swept aside. This week, Fifth Third Bank out of Cincinnati, Ohio announced the… Read More »Fifth Third Bank Offering No Down Payment Mortgage
Is It Actually a Good Thing That a Home Is an Illiquid Asset?
Here’s yet another post on the rent vs. buy argument, one that never seems to go away. I’ve written extensively on the pros and cons,… Read More »Is It Actually a Good Thing That a Home Is an Illiquid Asset?
25 Trade Groups Call for Elimination of Loan-Level Pricing Adjustments
More than two dozen trade groups have called for the reduction or elimination of loan-level pricing adjustments (LLPAs) on Fannie Mae and Freddie Mac loans,… Read More »25 Trade Groups Call for Elimination of Loan-Level Pricing Adjustments
UK Mortgage Lenders Offering 0.99% Mortgage Rates
While U.S.-based mortgage lenders (and borrowers) are expected to benefit from Brexit via lower mortgage rates, the opposite might be true across the Pond. Over… Read More »UK Mortgage Lenders Offering 0.99% Mortgage Rates
Brexit vs. Mortgage Rates: How Low Might They Actually Go?
Bye Bye Britain Well, the unthinkable happened early this morning (or late last evening depending on where you live). The UK voted to leave the… Read More »Brexit vs. Mortgage Rates: How Low Might They Actually Go?
A Bank Is Offering Discounted Mortgage Rates Because Cleveland Won an NBA Championship
If you didn’t hear the news, LeBron James and his Cleveland Cavaliers won the NBA championship. It’s pretty amazing because they did so after being… Read More »A Bank Is Offering Discounted Mortgage Rates Because Cleveland Won an NBA Championship
Guaranteed Rate Launches 1% Down Payment Mortgage Program
This seems to be a theme lately – super low or no down payment mortgages. The latest of these not-so-novel loan programs comes courtesy of… Read More »Guaranteed Rate Launches 1% Down Payment Mortgage Program