May 2, 2024 What to Know About Mortgage Preapproval Having mortgage preapproval has always been important, but it might be even more significant than it was a half-decade ago. NEW YORK – Shopping for and ultimately purchasing a home can feel like a day at an amusement park. Much like a ride on a roller
November 18, 2022 Weekly Drop in Rates Saves Buyers $100 per Month By Kerry Smith In real-world terms, this week’s mortgage rate drop (from 7.0% to 6.61%) saves typical buyers $1,200 per year – or gives them $12K more in purchasing power. SEATTLE – This week’s largest drop in mortgage rates in four decades (from
By Jeff Lazerson / FloridaRealtors.org February 4, 2022 Fannie/Freddie started requiring extensive recent financial info from self-employed workers due to COVID, but some may now find it easier to qualify for a loan. PASADENA, Calif. – Fannie Mae and Freddie Mac finally eased the two biggest COVID-19 era loan obstacles of the past two years,