FHA mortgage insurance rates have just been reduced in an unexpected move that offers the housing market a much needed boost. This .5% across the board MIP reduction will help more home shoppers become homeowners in 2015 and also reduce costs for thousands of borrowers looking to refinance. Read More
Homeowners deserve every financial break they can get their hands on amid today’s trying economic times. After all, the average mortgage borrower pays out a hefty percentage of their income on housing expenses and loan payments that include large amounts of interest. Read More
If you’re self-employed, getting approved for a mortgage is more complicated than getting approved with a traditional job paying W-2 income. There are usually few key differences that self-employed applicants should prepare for in advance to make the process smoother. Read More
Approaching election season, it’s common for public figures to grandstand about strong economic recovery and flout how Americans are better off under present leadership. Read More
So who qualifies for a VA home loan? Odds are you do if you’re a military veteran or spouse with reliable income and decent credit. VA loan requirements have four general areas used to determine applicant eligibility: Read More
