As a result of the increase in values during that time frame, FHFA announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase for 2021.
RenoFi offers a different approach: Homeowners can borrow up to 90 percent of their home’s after-renovation value.
If you’re thinking about purchasing a home this year, you may be surprised to discover that home prices are continuing to surge despite the economic upheaval caused by the COVID-19 pandemic.
Here’s what you need to know as you decide whether to pay off your mortgage early.
The FHFA recently announced the new conforming and high-balance loan limits for 2021, which is important information for those thinking about purchasing a home.
In this economic realty, here’s the latest on what to expect when applying for mortgage as a freelancer in the post-coronavirus era and steps you can take to be successful.
Elevations Credit Union announces the addition of three Mortgage Loan Officers to its team in Denver: Mike Bell, Keri Bills and John Wetzig.
If you’re considering a jumbo loan, it’s helpful to know that interest-only fixed or adjustable rate options have recently become available again for those looking to purchase a primary residence.
Here’s a quick crash course that could save you money on a new mortgage or a refinance.
Thinking about refinancing? To ensure a smooth application process, you’ll need to be sure to unfreeze your credit if it’s currently frozen.
The real estate market in Boulder County is bouncing back with strong demand and low inventory, which makes maintaining your mortgage approval imperative if you’re shopping for a home.
The coronavirus recession is all but certain to cause a spike in foreclosures. A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end.
After intense criticism about a new fee on homeowners who refinance their mortgages, the Federal Housing Finance Agency said it would delay the move for three months.
investments are a great way to boost your finances — and they’re totally achievable even when you’re in the middle of paying off your mortgage.
If you’re planning to become a homeowner this year, you may be curious about how to proceed during these strange times.
The downward pressure on interest rates has produced an opportunity for homeowners to refinance at historically low rates.
There are steps you can (and should) take to mitigate the errors so you can lock down the best interest rate possible.
Home equity lines of credit (HELOCs) and home equity loans are loans backed by your house, and they’re great ways to borrow money if you’ve paid down a significant portion of your mortgage.
Property taxes are a fact of life for homeowners. Here, I share the details on property tax rates and what happens with the funds.
Since the novel coronavirus has had such a staggering impact on the global economy, government-sponsored enterprises Fannie Mae and Freddie Mac have updated eligibility requirements for borrowers in forbearance.
The COVID-19 pandemic has taken a toll on the retirement accounts of many seniors. Senior homeowners may be able to seek relief through a reverse mortgage.
The economic effect of the coronavirus pandemic been global. Seniors who are homeowners have another alternative to access to cash for living expenses: the reverse mortgage.
Preparing to buy a home in the upcoming months? Once your credit score is solid and you’ve set aside a down payment, it’s time to start gathering documents for your lender.