The role student loans play in denying would-be buyers from getting into a home of their own has grown to staggering levels. According to the 2018 Homebuyer Profile report from the National Association of Realtors®, “Almost one in four homebuyers this year had student loans, which made it harder for
Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers and prospective buyers who keep getting outbid on homes in a market with limited inventory.
Mixed economic data this week prompted mortgage rates to remain in mostly a holding pattern, says Sam
There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just
Energy-efficient home features are becoming increasingly important to today’s homeowners, so Fannie Mae has rolled out a new loan program called the HomeStyle Energy mortgage loan. This new loan allows homeowners to save on long-term energy costs by financing upgrades to home energy and water systems, including:
Replacing windows and doors