by mdibrino@hqmloans.com | Dec 12, 2022 | Uncategorized
Lender opens new mortgage branch in Champlin, Minnesota
by mdibrino@hqmloans.com | Dec 12, 2022 | Uncategorized
“At 43.6%, the average US loan-to-value (LTV) ratio is only slightly higher than in the past two quarters and still significantly lower than the 71.3% LTV seen moving into the Great Recession in the first quarter of 2010,” said Selma Hepp, interim lead of the Office...
by mdibrino@hqmloans.com | Dec 12, 2022 | Uncategorized
Survey and appraisal fees. These fees will help you to confirm the fair market value of your property. While the cost of these fees varies, they typically a few hundred dollars. Private mortgage insurance (PMI). You will likely need private mortgage insurance if your...
by mdibrino@hqmloans.com | Dec 9, 2022 | Uncategorized
Fitch stated that mortgage performance is expected to deteriorate in most countries, due to inflation and high interest rates increasing borrower payments and eroding income, which in turn will weaken borrower credit quality and drive arrears. Like other countries,...
by mdibrino@hqmloans.com | Dec 9, 2022 | Uncategorized
“Over the last four weeks, mortgage rates have declined three-quarters of a point, the largest decline since 2008,” he added. The average 15-year fixed-rate mortgage fell nine basis points week over week to 5.67%. A year ago at this time, the 15-year FRM was 3.10%....
