Mortgage Forbearance Rates Up: Natural Disasters
The Mortgage Bankers Association (MBA) reported an increase in mortgage forbearance rates to 0.27% as of July 31, 2024, from 0.23% the previous month, primarily due to recent natural disasters…..
The Mortgage Bankers Association (MBA) reported an increase in mortgage forbearance rates to 0.27% as of July 31, 2024, from 0.23% the previous month, primarily due to recent natural disasters…..
Seller Financing @ Proxima Investors is a popular concept and tool for Home Sellers who can make an amazingly efficient sale and Homebuyers who don’t have to overcome the often….
Adjustable-Rate Mortgages (ARMs) and Potential Market Impact: Key Points: The Rise and Potential Fall of ARMs: Potential Consequences: Recommendations: Additional Information: Overall, the potential impact of ARMs on the real….
It’s only ironic that, once again, the average mortgage rate for a 30-year loan is 6.66%. Interest rates have been pretty stable in the last few weeks, despite a very….
According to the St. Louis Fed, the median days on the market for housing in the US was 61 days in December 2023 (MEDDAYONMARUS), which is an increase from 52 days in….
The cost of private mortgage insurance (PMI) for homebuyers still surprises many borrowers, if they ever become aware of it. It’s typically rolled into the monthly payment, and for many,….
Recent market speculation has been centered around the possibility of the Federal Reserve cutting interest rates. This anticipation stems from concerns about slowing economic growth and the potential impact of….
Mortgage interest rates have been down over the past week, marking the fifth straight week of rates decreasing. This decline is promising for prospective homebuyers who need to buy now….