by RealtyBizNews | Feb 26, 2021 | Mortgage, Real Estate News
Image Source: Pexels Choosing the right mortgage is an integral part of the home buying process, and there are many options for you to consider. One of which is choosing between a 15-year or 30-year mortgage term. Both of these options have their positives and...
by RealtyBizNews | Feb 25, 2021 | Mortgage, Real Estate News
The Urban Institute and other reliable sources say that more than 26.9 million Americans own their homes outright. It’s the second American Dream – the dream that comes after buying a home in the first place. Think about how much your life would change if your...
by RealtyBizNews | Feb 12, 2021 | annual percentage rate, APR, Mortgage, mortgage rates, Real Estate, Real Estate News, Shopping for a mortgage
Mortgage rates at their current record lows offer some serious savings for both home buyers and people looking to refinance. But experts say a low mortgage rate is only one part of the equation, as people also need to consider the loan’s annual percentage rate to take...
by RealtyBizNews | Feb 9, 2021 | borrowers, borrowing, credit unions, home loans, Mortgage, Real Estate, Real Estate News
Lending from credit unions is growing as borrowers seek out more options to finance their home purchases. Between the end of 2019 and September 2020, membership of credit unions increased by 2.8%, or 3.37 million, and total membership now totals 125.11 million,...
by RealtyBizNews | Feb 1, 2021 | best time to get a mortgage, credit scores, Haus, home loans, Mortgage, Real Estate News, US Real Estate, winter deals
Home buyers should move quickly if they want to lock in the best possible terms on their mortgage, as the winter months typically see lenders providing much better deals on their loans. A new study by home finance startup Haus found that lenders typically offer...
by RealtyBizNews | Jan 13, 2021 | appraiser shortage, FHFA, home appraisals, Mortgage, Real Estate News, US Real Estate
The home appraisal process could be about to get a makeover, as the Federal Housing Finance Agency has requested public input on its policies and practices regarding the way they’re carried out. The FHFA is the body that regulates the mortgage financing giants Fannie...