By Brian O'Connell With mortgage rates in decline, more Americans will try to land a new home at a great deal or refinance an existing one. Along the way, watch out for these “mortgage myths.” (iStock) The average 30-year fixed mortgage rate stands…
By Carisa Chappell How to get the best mortgage refinance rates If you’re looking to refinance your mortgage, now’s not the time to sit on the fence. In March, the Federal Reserve issued emergency rate cuts and by May, mortgage rates dropped to…
By Rebecca Lake Some Americans have had trouble paying their mortgages amid financial hardship due to COVID19. That's why the federal government passed the CARES Act to offer relief for homeowners in the form of mortgage forbearance. One side effect of allowing borrowers to defer mortgage payments,…
By: Sarah O’Brien I just refinanced my mortgage, despite coronavirus. Here’s what I learned The woman who approached our doorstep Monday morning was wearing a mask, her eyes doing their best to smile a greeting. She was hugging a folder…
The average 30-year fixed rate for a conforming loan held at a record-low 3.43% last week, the Mortgage Bankers Association said Wednesday. By: MARTIN BACCARDAX U.S. mortgage rates fell to a fresh record low last week, according to data published…
By: CHRIS ARNOLD 3.4 Million Homeowners Skip Payments. But Many Are Scared, Say Congress Needs To Act Jasmine Esposito-Gullo lost most of the income she makes arranging concert tours for musicians. The coronavirus pandemic has shut down those tours. Like…
By; NATALIE CAMPISI karamysh/Shutterstock Several benchmark mortgage rates rose today. The average rates on 30-year fixed and 15-year fixed mortgages both rose. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also notched higher. Rates for mortgages change…
By Simon ReadBusiness reporter Some big lenders have begun reopening their doors to British borrowers, making it easier to get a home loan. At the start of the coronavirus lockdown, several scrapped deals or only offered loans to those with…
By: National Desk Staff KCCI DES MONIES A new bill being proposed in the U.S. House of Representatives could allow Americans to forgo their mortgage and rent payments through the duration of the coronavirus crisis in the United States, according…
Craig Berry The Mortgage Reports Contributor April 21, 2020 Low rates could carry the housing market after coronavirus In Fannie Mae’s most recent Housing Forecast, the mortgage giant has some pretty bold predictions about the future of mortgage rates. It says the…
