Marco Santarelli

MARCH 11, 2025

The interplay between current market conditions, Federal Reserve policies, and external economic indicators can create a complex landscape. It's important to note that these figures can fluctuate daily based on market conditions. They require lower minimum down payments and lower credit scores than many conventional loans.

Fixed-rate mortgage

Redfin

JULY 23, 2025

$500,000 might sound like a lot, but in today’s housing market, it may not stretch as far as you’d think. In addition to repaying the principal amount of the loan, the monthly mortgage payment includes additional costs that can vary based on location and mortgage type. down or VA/USDA loans with 0% down for eligible buyers.

Mortgages

Marco Santarelli

JULY 21, 2025

These figures indicate a market where purchase mortgage rates are steady or slightly improving, but refinancing has grown a bit more costly recently. Market Outlook : Experts predict mortgage rates may slightly drop in late 2025 and 2026. Loan Types : Government-backed loans typically offer lower rates than conforming loans.

Mortgages

The Mortgage Report

JULY 8, 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? Approval is similar to a home equity loan , though.

Equity

Marco Santarelli

JUNE 17, 2025

This rate shows no change from the previous week, indicating a period of stability in the housing finance market. Today's Mortgage Rates – June 17, 2025: Stable Rates Ease Pressure on Homebuyers Current market conditions reflect a cautious optimism. Additionally, the average 15-year fixed mortgage rate remains steady at 6.01%.

Mortgages

HomeLight

MAY 14, 2025

Fast facts about selling a house as is in Vermont Median sales price in Vermont $430,000 Average days on market (DOM) for Vermont 36 Disclosures Vermont law requires sellers to disclose material facts about the property through the Sellers Property Information Report. Your agent should also be willing to go the extra mile on marketing.

As-is

Redfin

MARCH 3, 2025

No matter the state of the housing market , buying a house is an expensive endeavor. While principal and interest make up the bulk of your payment, additional expenses like property taxes and homeowners insurance can significantly impact your total monthly cost. Example monthly payments for a $300K home (30-year loan at 6.5%

Mortgages

Marco Santarelli

APRIL 2, 2025

Adjustable-Rate Mortgages (ARMs): Introductory rates can be attractive, but fixed rates currently look more appealing due to market conditions. Current Mortgage Rate Snapshot For those of you keeping a close eye on the housing market, you know how much mortgage rates can fluctuate. But today's data from Zillow offers a little breather.

Mortgages

Marco Santarelli

MAY 14, 2025

This can influence the rates they're willing to offer in different markets. The Cheapest States Right Now (May 14, 2025) Let's break down the states where you might find the most favorable mortgage rates today: New York: Known for its vibrant real estate market, New York consistently offers competitive mortgage rates.

Mortgages

Marco Santarelli

MARCH 27, 2025

VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%. FHA Loans: May provide lower rates than conventional loans, but typically involve mortgage insurance payments for the duration of the loan. housing market.

Mortgages

Norada Real Estate

JUNE 24, 2025

Below are mortgage payment estimates for various loan amounts under current rates. Monthly Payment on $150,000 Mortgage For a 30-year fixed mortgage rate of 6.85% , the estimated monthly payment would be approximately $996 for the principal and interest. This payment excludes property taxes and insurance, which can vary by location.

Mortgages

Redfin

JULY 30, 2025

On top of that, it’s also smart to check your local housing market trends and mortgage interest rates. It’s important to note, however, that your credit score influences your interest rate and loan options. A shorter mortgage term will result in a higher monthly payment since you’ll be paying off the principal balance faster.

Pre-approval

Marco Santarelli

MAY 2, 2025

If you're in the market for a home, you're probably glued to mortgage rates! If they perceive a higher level of risk in a particular state (maybe due to economic factors or housing market volatility), they might adjust rates accordingly. These nine states showed average mortgage rates hovering between 6.68% and 6.85%.

Mortgages

Marco Santarelli

JUNE 30, 2025

But other conforming loans saw both increases and decreases. This demonstrates that different loan terms can react uniquely to market conditions. Government Loans Government-backed loans, like FHA and VA loans, offer different terms and requirements, often making them appealing to first-time homebuyers or veterans.

Fixed-rate mortgage

Redfin

JULY 16, 2025

Example scenario Let’s assume the following: Home price: $300,000 Down payment: 20% ($60,000) Loan: $240,000 with a 30-year term at 7.0% Keep in mind that smaller down payments will increase the loan amount and likely add private mortgage insurance (PMI), raising your monthly costs and requiring a higher income to qualify.

Debt-to-income ratio

Marco Santarelli

JUNE 17, 2025

This rate shows no change from the previous week, indicating a period of stability in the housing finance market. Today's Mortgage Rates – June 17, 2025: Rates Hold Steady as Fed's Decision Looms Current market conditions reflect a cautious optimism. Interest-Only Mortgages Another option available is an interest-only mortgage.

Mortgages

Marco Santarelli

MARCH 2, 2025

This type allows homeowners to spread out their payments over three decades, resulting in lower monthly payments compared to shorter term loans. This calculation accounts only for principal and interest, excluding property taxes, homeowners insurance, or any potential PMI required. down payment.

Mortgages

Marco Santarelli

MAY 6, 2025

California: Despite its high home prices, Californias large market volume can lead to more competitive rates. Florida: A popular destination for retirees and new residents, Florida's robust housing market keeps rates competitive. Texas: The Lone Star State's booming economy and population growth drive competition among lenders.

Mortgages

Housing Wire

JUNE 3, 2022

Since then, Lakeview has unveiled two additional PLS offerings involving pools of delinquent FHA loans also securitized via Ginnie Mae. In those offering, 100% of the FHA loans involved are delinquent — with about a quarter of the mortgages in each deal in active foreclosure. In total, 99.3% are in active foreclosure.

Loans

Housing Wire

MARCH 24, 2022

The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association. Conventional loans’ national median mortgage payment went from $1,582 in January to $1,749 in February.

FHA loan

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. In terms of acceptance in the secondary market of these TRBLs, which is key to ensuring lender liquidity, the jury is still out.

Marketing

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. CMS is going heavy on a rarely used mortgage product to solve this market problem. Because Fannie Mae and Freddie Mac loans – nearly two-thirds of the mortgage market – are not eligible to be assumed, it’s a niche product.

FHA loan

Housing Wire

NOVEMBER 2, 2021

In 2013, the Federal Housing Administration (FHA) began requiring borrowers to pay the Mortgage Insurance Premium (MIP) for the life of an FHA loan. People have equated FHA insurance to that of private mortgage insurance used by the government-sponsored enterprises (GSEs), which is not life-of-loan.

FHA loan

Housing Wire

APRIL 15, 2024

A particularly acute concern to Nevadans is the housing market, which is reeling from the combined effects of high inflation and interest rates,” Lombardo said in the letter dated April 11. down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00

FHA loan

Housing Wire

MAY 10, 2023

I appreciate the feedback FHFA has received from the mortgage industry and other market participants about the challenges of implementing the DTI ratio-based fee,” FHFA Director Sandra Thompson said in a statement on Wednesday. “To ”

FHA loan

Housing Wire

NOVEMBER 7, 2023

In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5%

VA loan

Housing Wire

MARCH 10, 2022

Lakeview Loan Servicing , one of the nation’s largest issuers of Ginnie Mae securities, is making a play in the private-label securities market by sponsoring an offering backed by a pool of 2,192 Federal Housing Administration -guaranteed mortgages valued at $423.6 A fourth such transaction, a $370.7

Mortgages

Housing Wire

NOVEMBER 17, 2021

Other forms of financial remediation could include borrower refunds, principal reduction, account adjustment or remittances paid to FHA. Industry and housing advocates say the document is unclear, and will not spur the return of depositories that in recent years have abandoned the FHA market. Become a member today.

Marketing

Housing Wire

MAY 31, 2023

A partial claim is an interest-free loan from the U.S. The remainder of the late payments are then added to the principal balance and extended for 30 years at a fixed rate. Typically, issuers implement loss mitigation by buying an FHA loan out of a Ginnie Mae pool, modifying the loan, and then selling the loan back into a pool.

FHA loan

Housing Wire

AUGUST 8, 2023

“Our higher gain-on-sale margin was primarily due to wider profit margins on our production, a shift in next favoring more profitable FHA loan, and a lower provision for loan losses,” Hayes said during the call. In addition, Martell expects loanDepot to continue to reduce its headcount given the market uncertainty.

Principal

Housing Wire

MARCH 2, 2022

The serious delinquency rate in the Federal Housing Administration loan portfolio is now far less than its pandemic peak, and the Department of Housing and Urban Development said sustained improvement will factor in to whether it adjusts mortgage insurance premiums.

FHA loan

HomeLight

OCTOBER 11, 2021

You’re getting ready to start shopping for a house, and you’re pretty certain you want to go with an FHA loan. The Federal Housing Administration backs loans with less strict credit requirements and low down payment options to help families become homeowners. How much house can you afford if you’re getting an FHA loan?

FHA loan

Housing Wire

OCTOBER 24, 2022

The mortgage-servicing rights market just keeps on ticking even as the overall housing market takes a licking. The 10 offerings together involve Fannie Mae , Freddie Mac and Ginnie Mae loan pools valued collectively at $12.77 Unlike Fannie and Freddie, however, Ginnie does not purchase loans.

Principal

Housing Wire

AUGUST 16, 2022

Shortly after that story went live, analysts at Keefe, Bruyette & Woods (KBW) published a report stating that if Wells does exit the correspondent lending market, it “would meaningfully reduce the company’s servicing portfolio, since that channel is primarily a source of mortgage servicing rights (MSRs).”. “We It was $770.7

Mortgages

Housing Wire

DECEMBER 20, 2021

The money can be used for mortgage payment assistance or mortgage principal or interest rate reductions. Updated Black Knight data shows that, as of the end of October, there was $58 billion in past-due mortgage principal, interest, taxes, and insurance on first-lien mortgages, down from $64.5 Up to the task? The program prevented $8.3

Pre-approval

Housing Wire

FEBRUARY 8, 2022

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. For example, with Federal Housing Administration ( FHA ) loans, 1.5 An army of door-knockers.

Loans

HomeLight

DECEMBER 8, 2023

In today’s real estate market, with high mortgage interest rates and hesitant buyers, you might be pondering, “Is my mortgage assumable?” Or, you might want to allow a family member to assume your mortgage so they can inherit a financial advantage through your low-interest-rate home loan.

VA loan