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To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...
A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...
A mortgage broker has revealed the four financial behaviours aspiring homeowners need to avoid if they want to buy a ...
In early August, refinance applications were up nearly 60% versus the same period a year earlier, according to the Mortgage ...
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...
The average mortgage refinance rate on 30-year loans dropped to a 19-month low of 6.01% this week. Before refinancing, ...
Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.