Flagstar Bank is the latest mortgage lender to offer a home loan with zero down payment requirement. They even go a step further by offering to pay the borrowerâs closing costs too. Sounds pretty sweet, doesn’t it? Unfortunately, the new loan program is only available to select borrowers in the state of Michigan, where most [&hellip
The post Flagstar Offering Zero Down Mortgages to Michigan Home Buyers first appeared on The Truth About Mortgage.
An unfamiliar city can be more than a little unnerving. Getting to know the area while simultaneously trying to make […]
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If you're looking to get a great deal on a foreclosed home in 2019, here are five markets you'll want to include in your search, from Homes.com.
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If thereâs one thing weâre not short of, itâs mortgage rate forecasts. Everyone seems to have an opinion, though often theyâre just that, opinions. Still, mortgage rates are always top of mind for prospective home buyers and existing homeowners because they can translate to lots of dollars in savings. That being said, we now have [&hellip
The post This Is How High a 30-Year Fixed Mortgage Rate Will Be in 2020 first appeared on The Truth About Mortgage.
Moving to a new home can be one of the most exciting times in your life. It gives you […]
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Before you panic, take comfort in the fact that mortgage rates probably wonât do too much in 2017, just as they havenât in recent years, despite stark predictions telling us otherwise. I went ahead and compiled the 2017 mortgage rate forecasts of Fannie Mae, Freddie Mac, the Mortgage Bankers Association, and the National Association of [&hellip
The post 2017 Mortgage Rates Are Expected to Stay in the 4% Range first appeared on The Truth About Mortgage.
The National Association of Realtors just released its 2017 Profile of Home Buyers and Sellers, and there are lots of interesting tidbits. Letâs explore 10 of them. 88% of Recent Buyers Financed Their Home Purchase First things first, an overwhelming share of recent home buyers used a mortgage to finance their home purchase, as opposed [&hellip
The post 10 Takeaways from the Annual Realtor Survey first appeared on The Truth About Mortgage.