Mortgage Trend

Ever wonder how housewarming parties became a thing? According to legend, the term “housewarming” originated in France as a “thank you dinner” to give back to everyone who helped build your house. The fireplaces would all be lit with firewood brought by guests. The warm house and the new friendships …

Now that 2020 is behind us and things are looking a little brighter for the New Year, you might be thinking about putting down roots and transitioning from being a renter to becoming a homeowner. Or maybe you already own a home but need a slightly bigger place due to …

We’ve had over 100 new blog posts this year, and in those, we covered a lot. 2020 was a big deal with pandemic-related changes to the homebuying process, unheard of low mortgage interest rates, increased buying and selling activity as renters left big cities and settled elsewhere, and, of course, …

Record-breaking profits lead to record-breaking investment in the Movement Foundation. Movement Mortgage, one of the nation’s largest retail mortgage lenders, is honored to announce a $ 200 million investment to expand its nonprofit Movement Foundation and accelerate the development of its Movement Schools charter school network, develop adjacent affordable housing …

Let the house hunting begin! If you’ve decided to ditch the rental game and spring for a home purchase, you’re not alone. New homebuyers everywhere are taking advantage of low mortgage interest rates. What if you don’t want a traditional sale. Have you considered buying a preforeclosure home? Keep reading to find out …

If you want to buy a house but have student loan debt, you may be wondering if it’s possible. This article will look at how your eligibility for a mortgage loan can be affected by student loan debt and provide tips to help you qualify. Rate Search: Check Today’s Mortgage …

The dips keep on coming. This week’s Freddie Mac average on a 30-year fixed-rate mortgage dropped to 2.67%, another historic low. Freddie Mac’s Chief Economist Sam Khater was optimistic in this week’s release, saying “Homebuyer sentiment is sanguine and purchase demand shows no real signs of waning at all heading …

You bought a home. You pay the mortgage on time every month. And after a few years, you’ve seen the principle inch down a bit.  The news is even better if your circumstances and needs have changed. Maybe you want to pay for a wedding, take a vacation or consolidate …

There are a lot of costs associated with getting a government-backed home loan. The down payment and closing costs can add up to tens of thousands of dollars. But there’s one cost you need to prepare for, the upfront mortgage insurance premium (UFMIP). This article will look at what upfront …