Tag Archives: Mortgage

Purchasing a house can be pretty exciting and pretty confusing — all at the same time. And it doesn’t matter if you’re a first time home buyer or if this is your second or third time you’re taking the plunge into homeownership. That’s because the process of applying for a …

Dear Moneyist, My fiancé — or should I say eternal fiancé because he never wants to get married — recently shocked me when he flatly stated that he wants me off the mortgage and deed to our newly purchased waterfront home. We have lived there for a year and pay …

Total mortgage application volume fell 4.1% from the previous week, but were 16% higher than a year ago. The average loan amount for homebuyers hit another record high — $ 395,200, according to the Mortgage Bankers Association’s seasonally adjusted index reported by CNBC.  Homebuyers are seeing prices rise at the …

Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Rick Elmendorf and his team to its Northern Virginia market.   Elmendorf brings more than 20 years of mortgage experience to Movement’s rapidly growing team. In 2020, Rick and his team funded more than $ 340 million in mortgages and served 753 families.  Elmendorf’s decision to join Movement follows the company’s recent announcement to launch Movement …

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, …

Dear Moneyist, My brother-in-law is just over 40, and he has health issues. He’s also suffering from mental-health issues that have mostly been undiagnosed due to his refusal to see anyone, and essentially he does nothing but smoke weed, drink booze, and play video games. Right now his parents pay …

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 …

Taking out a mortgage is one of the biggest financial decisions that many people will make in their lives. The most common home mortgage loan runs for 30 years. This means that if you just make the minimum payments, you’ll be paying to own your home for the next three …

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 …