The housing wealth of homeowners aged 62 and older hit a record high of $7.82 trillion in the third quarter of 2020, the National Reverse Mortgage Lenders Association (NRMLA) reported
Category: Mortgage
First Community Mortgage appoints new assistant vice presidentFirst Community Mortgage appoints new assistant vice president
First Community Mortgage (FCM) has announced the appointment of mortgage veteran Eric Holmes as assistant vice president. Holmes brings 25 years of mortgage industry experience to the role, working extensively
Mortgage Rates vs. Fed AnnouncementsMortgage Rates vs. Fed Announcements
<p>File this one under âno correlation,â despite a flood of news articles claiming the Fed’s rate cut directly impacts mortgage rates. Today, the Fed cut the federal funds rate by
Why Are Mortgage Rates Different?Why Are Mortgage Rates Different?
<p>Mortgage rate Q&A: âWhy are mortgage rates different?â Why is the sky blue? Why are clouds white? Why won’t your neighbor trim their tree branches? These are all good questions,
Buying a Home in 2021? 11 Tips to Get It Done!Buying a Home in 2021? 11 Tips to Get It Done!
<p>If youâve yet to enter the housing market, but are thinking of buying a home in 2021, thereâs a lot you need to know. As I once pointed out, this
Wallowa County, Oregon VA Loan InformationWallowa County, Oregon VA Loan Information
<p>Table of Contents What is the VA Loan Limit? How to Apply for a VA Home Loan? What is the Median Home Price? What are the VA Appraisal Fees? Do
Mortgage Rates Continue to RiseMortgage Rates Continue to Rise
Mortgage rates are continuing to move higher this week. We’ve now seen them rise for two consecutive weeks in the Freddie Mac PMMS. The consensus is for them to continue
How to Know if That Fixer-Upper Is a Money PitHow to Know if That Fixer-Upper Is a Money Pit
So, you’ve finally found your dream house. Sure, it may need a little work — okay, a lot of work — but you’re confident it will all be worth it
Hotel mortgage delinquencies rise in December, but retail improvesHotel mortgage delinquencies rise in December, but retail improves
Fitch and Trepp reported that overall commercial mortgage-backed security delinquencies were down, while the MBA reported a slight increase.
Mortgage and refinance rates today, Jan. 9, and rate forecast for next weekMortgage and refinance rates today, Jan. 9, and rate forecast for next week
Today’s mortgage and refinance rates Average mortgage rates edged upward again yesterday. So they ended the week appreciably higher than they started it. Still, even after that poor period, they’re