News & Articles
Want to Own Your Home in 2024? Your Guide to Mobile Homes and FHA Loans
Buying a home is a monumental decision, and with the soaring prices of traditional single-family homes, potential homeowners are exploring alternative options. Mobile homes offer an affordable solution for those seeking homeownership. Read on to delve into the world...
VA Loans: Top Misconceptions Debunked
After honoring and remembering our veterans last month on November 11th, 2023, we decided to take a closer look at VA loans. While VA loans are an important program that allows veterans to become homeowners, many misconceptions surround VA loans. These misconceptions...
Your Guide to Refinancing Your Mortgage in New Jersey
If you are thinking about refinancing your mortgage, there are several things to keep in mind. Top Reasons to Refinance Your Mortgage What makes people want to refinance their mortgage in the first place? Refinancing offers the following benefits: Alleviating the...
Avoid Home Buying Regrets: Top 4 Common Mistakes Homebuyers Make
As the age-old saying asserts, a house is a man's castle. However, it's also an investment that demands considerable thought, financial planning, and foresight. Navigating the unpredictable terrain of the real estate market, particularly in the current ecosystem of...
A First-Time Homebuyer’s Guide to Financial Options
Buying a home can be quite similar to getting married: you feel butterflies in your stomach and a mix of fear, excitement, and even a bit of anxiety. However, unlike your wedding day, you need to rein in those emotions and keep your eyes peeled to buy your dream...
Tips & Strategies for Navigating the Challenging Real Estate Market
Thermometers around the world aren’t the only ones hitting off-the-chart temperatures this summer; the U.S. housing market is boiling-hot. Stubborn, soaring home prices, and ratcheting-up mortgage rates have rocketed the real estate market. Although homebuyers saw a...
Rocket, UWM 1% down products – mortgage giants go head-to-head
The inspiration to launch the program is to help consumers buy homes, he said, without mention of rival UWM: “I’m in the business of changing people’s lives,” Fawaz said. “This is a program that can change American lives. It hasn’t been a kind market for any of us,...
Mortgage application decline continues amid economic turmoil
Application volume for mortgage loans declined for the third consecutive week against an increasingly cloudy economic backdrop, the Mortgage Bankers Association reported today. MBA’s Market Composite Index, a measure of mortgage applications, slumped 3.7% on a...
loanDepot names new chief marketing officer
loanDepot has named company veteran Alec Hanson (pictured) as its new chief marketing officer, effective immediately. The lender promoted Hanson, previously senior vice president of production for the West division, to lead its marketing team and oversee the...
Ellington Financial to enter billion-dollar merger
Penn added that this acquisition will result in greater operating efficiencies, a larger market capitalization, and attractive long-term unsecured debt and preferred equity capital. Read more: Ellington Residential Mortgage REIT publishes Q4 financial report “Upon...
House price downturn comes to an end
The year-over-year house price index also rose modestly, up 0.7% in March. The acceleration was apparent in many Western states. “The CoreLogic S&P Case-Shiller Index squeezed a 0.7% year-over-year increase in March. But, monthly gains, up 1.3% from February, are...
Time is ripe for non-QM lenders to expand
Time is ripe for non-QM lenders to expand | Mortgage Professional TV [embedded content] LATEST NEWS Free e-newsletter Our daily newsletter is FREE and keeps you up to date with the world of mortgage. This page requires...