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Found 101 results for 'Mortgage'.

Mortgage Rates Not Impressed by Market Volatility

Mortgage rates are based on mortgage-backed securities (MBS), which are essentially bonds.  Conventional wisdom holds that stocks and bonds supplement one another, and that as "money moves in" to one ...

The Self-Employed Mortgage Access Act

The ranks of self-employed individuals are growing, leading to a greater awareness of the financial challenges facing people who are their own bosses. While companies that take advantage of "gig" hiri...

Bad Credit: Common Misconceptions Regarding Mortgage Loans

What is the connection between a person's FICO credit score and his or her ability to get a mortgage? This is a common question for any prospective homeowner to ask, no matter what level of credit tha...

How Important is Credit in the Mortgage Application Process?

Your Credit History Your credit report is a representation of your last seven years of financial activity. It shows lenders how you have managed past accounts and how you are currently handling debt. ...

4 Essentials to Smart Mortgage Decisions

Homeownership is a dream for many Americans, but most don’t know where to start or are crippled by fears that they’re not prepared. Getting the right mortgage for you is a big part of the homebuying p...

Millennials Drive Mortgage Origination

While mortgage volume is expected to shrink next year, it should increase during the following two years and beyond as millennials start buying homes, the Mortgage Bankers Association forecasts. Origi...

Learn more about Commitment Letters

What is a Commitment Letter? A mortgage commitment letter is an agreement between you and your lender regarding the terms of your mortgage. Unlike a preapproval or prequalification, which really only ...

7 Misconceptions About a Mortgage Refinance

1. Waiting for rates to drop Waiting for mortgage rates to drop can be a gamble, because there’s no guarantee rates will go lower. Refinancing is a smart choice when it makes sense for you, your situa...

Buying a Home With Student Loan Debt in 2021

How do student loans impact your finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt you...

Mutual Mortgage Insurance Fund Outperforms for Fourth Year in a Row

The Federal Housing Administration (FHA) said that its Mutual Mortgage Insurance Fund (MMI Fund) exceeded its congressionally mandated minimum reserves in FY2018 for the fourth year in a row.  In its ...