Tagged: Mortgage Loan News

Freddie Mac has made an important step toward its Single Security Initiative. Here’s what the GSE has planned. The post Freddie Mac Moves Toward Single Security appeared first on theMReport.com.

eMortgage, Loan Trading Products; Comprehensive Survey Findings; Lender Disaster News Posted To: Pipeline Press“Rob, are you hearing that the sudden increase in lock volume is from borrowers who had a lock with one lender moving to another lender?” Not yet, and let’s hope not, loans are “stickier” now, and that this practice was just something […]

How long does mortgage pre-approval last? If you’re hoping to buy a home, it’s smart to ponder this question, since even after you receive a lender’s stamp of approval for financing, weeks or even months could pass before you actually buy a house. Will that pre-approval you received a while back still be valid by then? Since […]

How Much Home Can You Afford? Your Monthly Mortgage Payment Made Easy How much house can you afford? Knowing you want to buy a home is one thing; knowing how much of a mortgage payment you can handle is quite another. Too often, dreams and reality collide: You’re yearning for a four-bedroom Colonial, but given […]

20 percent down payments are rare in many cities Saving for a down payment remains among the biggest hurdles to homeownership, especially for young or first-time buyers. But more data released recently shows that down payment expectations are changing, including the long-held 20 percent standard. A recent report from Zillow estimated that across the U.S., […]