Housing Wire

DECEMBER 23, 2024

A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation waterfall to February 2026 while updates to the agencys servicing handbook are discussed and implemented.

Mortgages

Housing Wire

MARCH 5, 2025

The newest weekly mortgage applications survey data, released Wednesday by the Mortgage Bankers Association (MBA) included the lowest mortgage rates in months, which created a stir in the number of applications. On-the-ground observations Loan officers say they’re seeing an increase in government loan demand.

Loan Officer

Housing Wire

JULY 15, 2025

A recent report from the Urban Institute analyzed potential reasons behind the increasing number of delinquencies on Federal Housing Administration (FHA) loans. Serious delinquencies among these newer loans are well above historic norms. The authors also looked at other potential influences on the FHA delinquency uptick.

FHA loan

Housing Wire

MAY 19, 2025

Adjustable-rate mortgages ( ARMs ) have grown in popularity in recent months as borrowers search for affordability relief anywhere they can find it. More than 7% of all mortgage applications last week were for ARM products far above the normal baseline of 3% to 5%, Fratantoni said. It was a more affordable mortgage.”

Loans

Housing Wire

JUNE 10, 2025

Mortgage lenders increased their credit supply in May 2025 to the highest level in almost three years, according to data released Tuesday by the Mortgage Bankers Association (MBA). The Mortgage Credit Availability Index (MCAI), a report based on data from ICE Mortgage Technology , rose by 2.1% in May to a reading of 105.1,

VA loan

The Mortgage Report

JUNE 13, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Verify your FHA loan eligibility.

FHA loan

Calculated Risk Real Estate

MAY 5, 2025

Here is the ICE April Mortgage Monitor report (pdf). Press Release: ICE Mortgage Monitor: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending in Q1 2025 Intercontinental Exchange, Inc. Gen Z, the oldest of whom are 28, accounted for roughly one in four FTHB mortgage originations in Q1 2025.

FHA loan

Housing Wire

NOVEMBER 27, 2024

wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans. On Wednesday, the company announced the removal of all loan-level pricing adjustments (LLPAs) on government loans, albeit with some limitations.

Loans

Redfin

JANUARY 28, 2025

If you’re exploring mortgage options or looking to sell your home, whether its a charming home in Nashville or a spacious townhome in Houston , you might wonder: Are FHA loans assumable? Here’s how FHA assumable mortgages work and why they might be worth considering. Are FHA loans assumable?

FHA loan

The Close

JULY 1, 2025

A home is the largest purchase most people will ever make, and many buyers rely on mortgage financing. However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone.

FHA loan

Norada Real Estate

JULY 3, 2025

As of July 3, 2025, mortgage rates have slightly decreased, with the national average for a 30-year fixed mortgage rate at 6.78% , down from 6.79% the previous week. This subtle shift signals a stable trend in the mortgage market, reflecting broader economic conditions.

Loans

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

Equity

Marco Santarelli

MAY 21, 2025

Looking for the states with the lowest mortgage rates today, May 21, 2025 ? As of today, states with the cheapest 30-year new purchase mortgage rates are New York, California, Florida, Georgia, New Jersey, Texas, and Hawaii , where average rates are hovering between 6.83% and 7.04%. You're in the right place.

Mortgages

The Mortgage Report

JULY 2, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Time to make a move?

FHA 203k rehab loan

The Mortgage Report

JUNE 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Marco Santarelli

JANUARY 4, 2025

When you're navigating the complex world of home financing, mortgage rates can significantly influence your financial plans. As of January 04, 2025, the national average interest rate for a 30-year fixed mortgage is approximately 6.95% , reflecting a slight decrease of 4 basis points from the previous week.

Mortgages

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

The Close

NOVEMBER 25, 2024

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Carrying costs: These are the monthly recurring costs of holding the property, including your mortgage, taxes, insurance, and utilities.

Purchase and sale agreement

The Mortgage Report

JUNE 23, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Can a Wholesale Mortgage Lender Save You Money?

FHA 203k rehab loan

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Time to make a move?

FHA 203k rehab loan

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Redfin

JULY 24, 2025

” Simply put, a down payment is the initial sum of money you pay upfront when buying a home, with the remaining amount financed through a mortgage. According to Redfin Real Estate, the minimum down payment for first-time homebuyers varies depending on the type of loan. Many loans offer down payments as low as 3% or even 0%.

FHA loan

Marco Santarelli

JULY 11, 2025

Looking for the best mortgage rates today, July 11, 2025? Currently, the states boasting the lowest 30-year new purchase mortgage rates are New York, California, Virginia, Washington, Colorado, Massachusetts, and Pennsylvania , with averages ranging from 6.57% to 6.78%. Lenders perceive lending in such regions as riskier.

Mortgages

BAM Media

APRIL 3, 2025

We can think of no better example of that than last weekends online drama over a Patrick Bet-David Tweet that went viral by using a chart on the multifamily mortgage delinquency rate to sound the alarm on homeowner delinquencies. People who cannot realistically afford a home are far less likely to be approved for a loan.

Bankruptcy

Redfin

JULY 30, 2025

Which loan is right for you? Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse.

Loans

Marco Santarelli

MAY 2, 2025

If you're in the market for a home, you're probably glued to mortgage rates! As of today, May 2, 2025, the states with the lowest mortgage rates for a 30-year new purchase are New York and Washington. These nine states showed average mortgage rates hovering between 6.68% and 6.85%. It's a fair question!

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! This week we’re highlighting the best mortgage blogs from this year!

Finance

Marco Santarelli

MAY 9, 2025

The Monthly Payment Squeeze: Even with Lower Interest, It Hurts More You might think, “Well, mortgage rates are lower now than they were back then, right?” In 1974, the average 30-year fixed mortgage rate was a whopping 9.19% ! So, their mortgage payment was about 21.2% ” And you'd be partly right.

Debt-to-income ratio

Marco Santarelli

JUNE 26, 2025

Looking for the best deal on a mortgage? Today, June 26, 2025, the states boasting the lowest average 30-year mortgage rates for new purchases are New York, Colorado, Connecticut, California, Massachusetts, New Jersey, Florida, Idaho, Utah, and Virginia , with rates hovering between 6.69% and 6.80%.

Mortgages

Redfin

MARCH 4, 2025

All mortgages place a lien on the property in the event that a lender needs to take ownership of the home. Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. If a buyer with a government-backed loan goes into foreclosure, the government will take control of the property.

Pre-approval

Marco Santarelli

JUNE 30, 2025

Are you looking to buy a home or refinance your existing mortgage? Knowing today's mortgage rates is the first step. As of June 30, 2025, the national average for a 30-year fixed mortgage rate is 6.79%. Let's dive into a more detailed look at current mortgage rates , how they've changed, and what options are available.

Fixed-rate mortgage

Housing Wire

MARCH 26, 2025

United Wholesale Mortgage (UWM) announced Wednesday that it is extending its removal of Loan Level Pricing Adjustments (LLPAs) on government loans for borrowers with a FICO score of 600 and above. The program applies to Federal Housing Administration (FHA), U.S. Department of Agriculture (USDA) loans.

Loans

The Close

MAY 20, 2025

Loan terms: 15-30 year fixed rate Time to funding: Within 60 days Minimum credit score: 620 Visit Pennymac Conventional commercial mortgage loans SBA 504 SBA 7(a) SBA microloans Business loans and lines of credit Commercial mortgage loan terms: Loan amount: $250,000-$5 million Interest rates: As low as 4.5%

Loans

Redfin

MARCH 4, 2025

This ensures that the homes value is equal to or more than the mortgage loan amount. Lenders use home appraisals to make sure that they arent lending you more money than what the home is worth. Your mortgage lender may also suggest you include this contingency to protect yourself. It is also used when refinancing a home.

FHA loan

Marco Santarelli

MAY 20, 2025

The news is out: Rocket Mortgage acquires Redfin, and what this means for the US housing market is a significant move towards a more streamlined, tech-driven, and potentially more consolidated homebuying future. Imagine your favorite online home search tool suddenly joining forces with a mortgage giant that's the scale we're talking about.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Are The Best Mortgage Options for Self Employed Borrowers? Top Mortgage Products For Self Employed Borrowers What Are The Best Mortgage Programs For Self Employed Home Buyers?

Mortgages

Housing Wire

FEBRUARY 27, 2025

In the opening month of his return to the White House , President Donald Trump has upended the status quo in the federal government by implementing a hiring freeze and conducting widespread layoffs , including many positions that impact the housing and mortgage industries. Mortgage delinquencies are still low by historic standards.

Mortgages