Rates Up After Fed Meeting

After weeks of continued decline, mortgage interest rates climbed, following the two-day Fed meeting. The 30-year FRM rate rose by 2 basis points for the week.Get today’s rates.According to Freddie Mac’s weekly rate forecast via the Primary Mortgage Market...

Can you Take Over Someone’s Mortgage if It’s Assumable?

Does taking over someone’s mortgage seem easier than getting your own mortgage? You might be in for a little surprise. Today, an assumable mortgage still requires approval, just like you would need if you took out your own mortgage.Looking for Current Mortgage...

When Does the HARP Program End?

The chance to use HARP to refinance your Fannie Mae or Freddie Mac loan is coming to an end very soon. The program ends December 31, 2018. This does leave plenty of time for you to still take advantage of the program if you wish to do so.WHAT IS HARP?HARP was designed...

Why do Mortgage Interest Rates Change so Often?

Mortgage interest rates can change daily, and even multiple times per day. Do you ever wonder why this is the case? Maybe you wonder how you should know when to lock a rate?Get Matched with a Lender, Click Here.Keep reading to learn about changing interest rates and...

How Often Is Often When Refinancing Your Mortgage

Timing is everything. This is especially true for refinancing mortgages whose decrease in rates can spell a difference in savings (monthly mortgage payments). And there is no limit as to how many times you can refinance your existing mortgage. There is no rule or...

Qualifying for a Mortgage with Child Support Arrears

Child support arrears can affect your loan application, but not always in a negative way. How you handle the arrears play a vital role in your ability to secure financing. As is the case with any other debt or even income, the lender looks at the whole picture. They...

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Five Common Refinancing Blunders and How to Avoid Them

When you think of refinancing, you automatically think of saving. It allows you to lower your current interest rate and reduce the loan term. Some refinancing options even allow some cash-out. The goal is to save more money. While this is true, it is not always that...

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