Mortgage Trend

When you’re just getting started adulting, you may not think it’s a big thing that you missed a credit card payment or were a few days late on your rent. But that casual attitude to financial obligations could come back to bite you when you start getting serious about buying …

Coming up with the down payment is the biggest obstacle homebuyers face when getting a mortgage. Luckily, there are some home loans that offer low down payments. One of those loan programs is Freddie Mac’s Home Possible loan that requires just 3% down. In this article, we will take a …

The Federal Reserve doubled-down on its new inflation policy this week with the announcement that rates likely won’t go above 0.25% until at least 2023. All but four individual members of the Federal Open Market Committee projected rates would stay in the 0%-0.25% range until that time, with Fed Chair …

It had been a difficult two years for Teresa Barnette, a recent divorcee, when she had a tearful phone conversation with a Movement Mortgage loan officer. After 20 years together, Teresa and her husband had separated, leaving the single mother and her youngest daughter sleeping on a friend’s pullout sofa …

The term ‘home equity’ is one that you probably will hear a lot about as you venture into homeownership, apply for a second mortgage, or refinance your current mortgage. Because many lenders and real estate agents are so close to the subject, they may assume that you are as well …

If you’re interested in buying a house with no money down, you may be in luck. There are some mortgage programs that do not require a down payment. In this article, we’ll cover the different types of home loans that are available with little to no money down. Rate Search: …

Fannie Mae, along with Freddie Mac, are the two largest buyers on home loans in the country. In order to compete with FHA loans, which requires just a 3.5% down payment, Fannie Mae created the HomeReady™ loan program requiring just a 3% down payment. In this article, we’ll explore the …

The coronavirus pandemic has left homeowners and apartment renters in cities, suburbs and rural areas with many new challenges. Social distancing protocols and a fear of exposing family and friends to the coronavirus has turned us into a more cautious society.  That, and the excessive time we’ve spent in our …

The coronavirus pandemic has left homeowners and apartment renters in cities, suburbs and rural areas with many new challenges. Social distancing protocols and a fear of exposing family and friends to the coronavirus has turned us into a more cautious society.  That, and the excessive time we’ve spent in our …