Mortgages

The Latest

Do you have an adjustable-rate mortgage? The clock is ticking, here's what you need to do right now

Today’s high interest rates ha𒈔ve created a🐈 ticking time bomb for the many homebuyers who took out an adjustable-rate mortgage near the onset of the COVID-19 pandemic.

 Want t🧸o buy a new home but keep your low-interest rate? Try this simple mortgage hack ✃

Enter “mortgage porting,” the practice of transferring the terms of your existing mortgage o🉐ver to a new property. But how exactly does it work, and what will you need to qualify? ꦯ

🍌What to know about mortg෴age interest rates before you buy a home

✤  Mortgage interest rates can make or break your ability to buy your dream home. 🌊 

Home equity loans vs. HELOC🌞s: Read this bef♕ore you refinance

Home equity loans and HELOCs can help you tap into your home’s equity. ꦑ

How to ﷽get a n𓃲o-down-payment mortgage 

No-down-payment mortgages help you buy a 💖home without paying any of the purchase price upfront. But you have to meet strict eligibility requirements to qualify.

 FHA loan limits in 2023: What to know before you �🦂�borrow

FHA loan limits vary depending on where you live, and are subj🦂ect to change on an annual💯 basis.

𒉰 What is a conventional mortgage loan?

A 𒁃conventional loan is any mortgage that isn’𓆉t backed by a government agency.

♕ How to get a mortgage: 10 steps to homeownership

🔯 Follow these steps to get approved for a mortgage and buy your next home.

 FHA loan down payment requireꦫment😼s

An FHA loan is a good option for borrowers wi൩th less-than-stellar credit and a small down payment.

FHA loan requirements: Important guidelines♔ to keep in mind

FHA loans offer lenient eligibility requirements, includiꦐng a low down payment and a low minim🅷um credit score.

⛦ What to know about mobile൲ home financing

You have several options🍒, but first consider the eligibility and credit score requirements of each.

Toꩵday’s best mortgage deal? 10- and 15-year terms | June 23, 2023 

With mortgage rates beginning to climb after several days of stable rates, borrowers should act fast to loꦡck in their preferred rate ahead of l𒅌ikely future increases.

 How much down🔜 payment do you need to buy a house?

The more money you can put🌃 down on a house, the smaller your monthly mortgage payment will be.

How to get the best home equity loan rates ꦐ ⭕

 Boosting your credit and lowering your debt-to-income ratio are a couple of ways to get better rates. 🦋

Today's lowest mortgage rate? 10-year terms | June 28, 2023

Borrowers who would like to take advantage of maximizedꦯ interest savin💎gs should consider a shorter term, as they have today’s lowest rates.

What cr✤edit scorﷺe do you need to buy a house?

You’ll get the best rates with a credit score in the mid-700s or above, but there are mortgage options for credit scores as low as 500. ಌ

 🌺 Mortgage rates rise today, but 10-year terms stay low | June 27, 2023

Borrowers can still obtain m🥃aximized interest savings amid today’s surging rates with 10-year terms.

Today’s best mortgage deal? 1༒0-year terms at 5.625% | June 26, 2023

Borrowers still have time to lock in 🦩their preferred rates from last week, as today’s steady mortgage purchase rates have kept their inꦅterest savings window open. 

💎 Today’s mortgage rates largely remain un♔changed | June 22, 2023

Due to today’s mostly stable terms, borrowers have another opportunity to to lock in their preferred rate without losing out on inte🧸rest savings.

Today’s lowest mortga💞ge rate? 10-year terms at 5.625% | June 21, 2023  ✤

Borrowers have the opportunity to lock in their pre🌳ferred rates from yesterday without losing out on any savings due to today’s steady and fa🌱lling rates.