With the positive unemployment report this morning the momentary concern is the first rate hike has returned to June from later this year.
Three leaders from Tucson, Arizona-based NOVA Home Loans have just received one of the mortgage industry’s highest honors.
A steady drop in rates is giving homeowners a second chance to lower mortgage payments, and according to Ellie Mae, lenders in January saw their share of refinancing activity jump.
When will rates rise? No one knows, not even the Fed.
With little to no down payment, no closing costs or fees and an interest rate that is near 0%, this program is starting to gain traction among borrowers. However, the approval process is far from easy.
The mortgage insurance premium cut starts today and HUD has issued a warning to lenders.