Mortgage and Real Estate Articles from Mortgage Research Center
4 days ago · On Halloween 1981, mortgage rates hit 18% and the typical house payment ate up 73% of a family's paycheck. by Tim Lucas in Real Estate. October 23, 2024 14 MIN.
Mortgage Rates Today, Nov. 21, 2024: Rates Calm for Now. Storm …
1 day ago · by Peter Warden in Rates. November 21, 2024, 9:30 AM UTC 3 MIN. The average 30-year fixed rate mortgage was 6.93% yesterday, an increase of 0.03% since the day before. …
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Mortgage Research Center powers mortgage experiences for a variety of major real estate sites, financial hubs and industry publications. Our team is passionate about making the …
How to Refinance Your Home - Mortgage Research Center
If you're providing a down payment or any other closing costs, bring that with you. You'll also need a few forms of identification. You'll sign the refinance paperwork in front of the notary, who will …
FHA Mortgage Calculator
For most new FHA borrowers, this equates to an annual MIP rate of 0.55%. This yearly MIP premium is divided evenly among the twelve monthly payments. The figure displayed on our …
Home Loans Articles - Mortgage Research Center
4 days ago · USDA Construction Loans: A Comprehensive Guide for 2024. This comprehensive guide to USDA construction loans will go over everything you need to know about financing …
A Complete Guide to FHA Refinances: Eligibility, Requirements, …
Aug 23, 2024 · Credit Score and LTV: You can refinance up to 97.75% of your home’s value with a credit score of 580. Borrowers with at least 10% equity in their property may be able to do an …
Rates Articles - Mortgage Research Center
Nov 8, 2024 · Mortgage Rates Report and Outlook, July 1, 2024 — Jobs Report Week. Arguable the most influential economic report comes out Friday. A downbeat report could help mortgage …
What Is a Mortgage and What Can It Do for You? - Mortgage …
Jun 17, 2024 · Mortgages are secured by the underlying piece of real estate. If a borrower fails to make their payments, the lender can take legal action to gain ownership of the property. They …
The 28/36 Rule: How Realistic Is It? - Mortgage Research Center
Jun 20, 2024 · The median home price in the U.S. was over $420,000 in the first quarter of 2024, according to the Census Bureau and Department of Housing and Urban Development. But …