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Rocket launches program to lower first-year mortgage payments

Housing Wire

UWM announced that its temporary rate buydowns – fueled by seller concessions – would reduce borrowers’ interest rates by up to 2% for the first two years of a mortgage. billion during that same period and the gain-on-sale margin also fell to 2.92% from 3.01%. in the first year of their loan, Rocket said.

Mortgages 393
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Onto the Next: What to Know Before Selling Your Recently Purchased Home

HomeLight

You could forfeit any chance at making a profit — or even face a loss on the sale. To help you navigate an earlier-than-expected home sale, we talked with a top real estate agent and some seasoned property investors to create this in-depth guide. As with any home sale, you’ll have to cough up some costs. Overlap costs (1% – 2%).