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The Libor index is going away. For U.S. consumers, its demise is most likely to be felt in adjustable-rate mortgages.
Home prices are rising across the country and mortgage rates, though still historically low, are up since the presidential election.
One percent down on a new home loan? Zero down? Generous gifts of thousands of dollars from mortgage companies to help you swing the deal?
Whether it’s avocado toast, daily cups of coffee, European vacations, or a million other things, there is a ton of online chatter about the things millennials can cut back on, or give up altogether, in order to buy a home.
CEO Mat Ishbia said in an interview, “I think that it’s a great program for consumers, and we are disappointed that Freddie Mac dropped the program.
Tereze Gegaj, Vice President of Client Service, was selected as one of the 2017 "Elite Women in Mortgage" by Mortgage Professional America magazine. The annual feature highlights 75 leaders and influencers who are shaping a more diverse mortgage industry.
A record number of veterans and members of the armed services are getting VA loans—mortgages guaranteed by the Department of Veterans Affairs that come with a number of benefits.
Area median incomes (AMIs) for Fannie Mae and Freddie Mac’s low-down-payment mortgage programs have changed recently – and that’s a good thing, according to United Wholesale Mortgage President and CEO Mat Ishbia.
A recipient of NAMB KickStart's startup funding, Chris Freck of EstaR mortgage was one of the first loan officers to receive a grant to open his own broker shop in October 2016. In his first six months, his team funded 39 units for $15.1 million in loans.