Get a no-closing-cost mortgage and a low rate, too
A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea.
A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea.
Posted To: MND NewsWire
The Urban Institute (UI) says the surge in foreclosures predicted as the COVID-19 pandemic drove unemployment to the highest level since the Great Depression may not materialize, even when the current forbearances end. Two UI researchers, Michael Neal and Laurie Goodman, say that even vulnerable homeowners may be spared, and they think they have identified the reasons. Mortgage forbearance rates peaked at 8.55 percent of active mortgage in June 2020 and began to fall when unemployment rates did. Since October, however, both unemployment and forbearance rates have flattened. This has heightened concern that many homeowners could face foreclosure later this year. The authors say about a quarter of the 2.7 million borrowers who remain in forbearance plans are continuing to make their payments…(read more)
Thereâs no doubt that being a single mom is challenging. Thereâs also no doubt that qualifying for a mortgage can be difficult even under normal circumstances. For many single mothers, trying to qualify for a…
The post 4 Best Home Loans for Single Moms appeared first on Crediful.
Are you thinking about becoming a cosigner for someone? Have you ever been asked to cosign on a loan before? Many people have been asked to cosign loans for family members and even friends. However, many people do not understand the full cosigner meaning, and becoming a cosigner is never something you should do unless […]
The post Hereâs What You Need To Know About Becoming A Cosigner appeared first on Making Sense Of Cents.
Loan modification helps borrowers who can’t pay their mortgage due to financial hardship. Learn more about a loan modification vs. refinance.
Types of Home Loans – How to Choose a Loan Type When Buying a Home HouseBeautiful.com
Here’s a look at how much income you need each year to own a home in the country’s largest cities.
Insufficient credit history means youâve yet to prove your creditworthiness or youâve lapsed on credit history for six months. Learn more with Lexington Law.