5 Mortgage Myths That Won’t Die

Mortgages

5 Mortgage Myths That Won’t Die

5 Mortgage Myths That Won’t Die

Buying a home can be a big commitment — emotionally and financially. When picking a property, many of us hope that we will enjoy living there and comfortably afford it for years to come. For this reason, it’s a good idea to spend just as much time and energy finding the right mortgage as you do searching… Read More

How Important Is Your Down Payment on a Home?

Mortgages

How Important Is Your Down Payment on a Home?

How Important Is Your Down Payment on a Home?

When buying a home, most people take on a mortgage. There are many things to consider when taking on a mortgage loan, including interest rate, closing costs and the down payment. Once you calculate how much house you can realistically afford, you can start looking at properties and considering how you will afford the house…. Read More

How to Lock in a Super-Low Mortgage Rate

Mortgages

How to Lock in a Super-Low Mortgage Rate

How to Lock in a Super-Low Mortgage Rate

Mortgage rates have been trending upward for a few weeks, so if you’re starting the process of buying a home, now might be a good time to lock in your rate. Deciding when to lock isn’t just about market conditions, because if you’re not prepared to complete the loan process within a certain time frame,… Read More

10 States With the Least Affordable Homes

Mortgages

10 States With the Least Affordable Homes

10 States With the Least Affordable Homes

In most parts of the country, a family with a median household income should — ideally — be able to afford a median-priced home in that area. In fact, an analysis of county-level data from RealtyTrac showed that a monthly payment on a median-priced home was more affordable than fair-market rent on a three-bedroom unit… Read More

A Guide to Shopping for a Mortgage Online

Mortgages

A Guide to Shopping for a Mortgage Online

A Guide to Shopping for a Mortgage Online

Ron Milman of Alpharetta, Ga., refinanced his mortgage in early 2015. He says he saved money, closed quickly, and except for one quick trip to a local bank to meet a local attorney to finalize paperwork, he never left his home office. Working strictly online and by phone, he says getting his mortgage online was… Read More

Govt & One of Nation’s Largest Mortgage Lenders Sue Each Other

Mortgages

Govt & One of Nation’s Largest Mortgage Lenders Sue Each Other

Govt & One of Nation’s Largest Mortgage Lenders Sue Each Other

The U.S. government filed a lawsuit against Quicken Loans, one of the nation’s largest mortgage lenders, for allegedly improperly originating and underwriting Federal Housing Administration (FHA) home loans, the Department of Justice announced April 23. The Detroit-based lender closed $140 billion in mortgages from 2013 through 2014 and is the nation’s largest FHA mortgage lender,… Read More

5 Steps to Getting a VA Loan

Mortgages

5 Steps to Getting a VA Loan

5 Steps to Getting a VA Loan

Millions of veterans and active military members are eligible for what’s arguably the most powerful mortgage option on the market. VA loans feature $0 down payment, no mortgage insurance and more flexible and forgiving requirements. To be sure, VA loans aren’t the answer for every veteran. But they continue to make a huge difference, especially… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now