5 Tips For Choosing The Right Mortgage Lender For You
Getting a mortgage has become rampant because it provides a peaceful sensation, as it allows you to settle comfortably into a personal space that you can call yours. However, getting … Read more
mortgage
Student loan debt is super debt, even worse than a mortgage on your house,”…
As the cost of college continues to rise, student loan debt has reached an all-time high. The combination is putting a particularly troublesome pressure on borrowers, one expert says. “Student loan debt is … Read more
Are CLOs the New Mortgage-Backed Securities? (w/ Danielle DiMartino Boot…
Are ultra-low interest rates putting monetary “beer goggles” on financial markets? Danielle DiMartino Booth of Quill Intelligence sits down with Peter Boockvar, CIO of Bleakley Advisory Group, to discuss the … Read more
Fannie Mae Takes Lead In Mortgage Risk Taking
by confoundedinterest Mortgage giant Fannie Mae recently released their Q3 2018 loan acquisition data base. And it revealed that Fannie Mae is seeing a spike in risk-taking. First, the average … Read more
Mortgage Rates Rise Again, As The Fed Lowers Interest Rates
by Mac Slavo of SHTFplan Mortgage rates are on the rise even though the Federal Reserve lowered interest rates once again recently. The 30-year fixed-rate mortgage averaged 3.78% during the week ending October … Read more
Where You Pay the Mostest and Get Approved the Leastest, so to Speak: Mortgage Rates, Fees & Denial Rates Differ Bigly by State
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It’s not always in the states with the highest home prices. The mortgage interest rate that a homebuyer faces and the mortgage fees, such as “points” … Read more
Mortgage Backed Securities Still Defaulting – Bad Omen for Real Estate?
by Martin Armstrong During the last Mortgaged Backed Security scandal which undermined the entire world economy, they created mortgage modifications which enabled millions of delinquent homeowners to avoid having their … Read more
Banks Warm to Mortgage Bonds That Burned Them in ’08… RON PAUL: BUBBLE TO BURST
Banks Warm to Mortgage Bonds That Burned Them in 2008 Citigroup, Goldman Sachs and Wells Fargo are getting back into the business Banks are getting back into the business of … Read more
This Was the Worst Week for Mortgage Rates in 3 Years… And it may be just the beginning…..
The average rate on the 30-year fixed is now 20 basis points higher than it was on Monday and 36 basis points higher than its last low on Sept. 4, … Read more
Major housing bubble alert: Some mortgage originators in Seattle now agree to consider Amazon employees’ potential future earnings from restricted stock units as income for the purposes of qualifying for home loans.
via seattletimes: As if highly paid Amazon employees needed another helping hand, some lenders are making it easier for the company’s new tech hires to qualify for home loans. Some mortgage … Read more
America’s Mortgage Debt Spiral Accelerates to All-Time High
by howmuch Since the 1940s, housing prices have soared to new levels. According to the U.S. Census Bureau, the median home value in the U.S. was $30,600 in 1940 (adjusted for inflation). … Read more
Mortgage Purchase Applications Back To 1998 Levels
by confoundedinterest If you have recently applied for a mortgage refinancing given plunging mortgage rates, you may have noticed a delay in the underwriting. Why? US lenders are in the midst … Read more
Mortgage Defaults Rise First Time Since Financial Crisis
via mishtalk: Defaults are up for the first time since the great financial crisis. But as rates fall, a refi surge will help millions. The Black Knight Mortgage Monitor shows the first annual … Read more
The Banksters re-enter risky mortgage loan market, HOUSING CARSH 2.0 IS COMING!
Citigroup, Credit Suisse Re-Enter Risky Home Loans Market Citigroup C and Credit Suisse CS have re-entered the risky mortgage loans market or non-qualified mortgage, wherein they provide new home loans … Read more
NOT AGAIN! Mortgage Market Reopens to Risky Borrowers
via WSJ: The risky mortgage is making a comeback. More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in … Read more
Mapping Out Mortgage Debt Across the U.S.
by howmuch Owning a home is a major life milestone for many Americans. In order to afford a home, most people will need to take out a mortgage and pay … Read more