Mortgage rates moved modestly lower this week, but interest rates were not the big news for anyone following home loans.
The Trump administration has another idea to make housing more affordable: Let homeowners take their mortgage rate with them when they move.
Experts warn Trump’s 50-year mortgage may lower homeowner payments, but slow equity growth and raise total interest payments ...
Self-employed borrowers need additional documentation, such as bank statements or tax returns, to prove income stability. Keeping organized records and showing consistent income trends improve your ...
When it comes to buying homes, baby boomers lead the pack with the largest share of home purchases. Older mortgage applicants may face income-related challenges getting approved for home loans.
For several years, homebuyers have been holding their breath, hoping for mortgage rates to dip. With the Federal Reserve ...
Most first-time homebuyers take out 30-year mortgages. Under a new proposal from the Trump administration, they may soon get 20 more years to pay them off.
President Donald Trump on Saturday, Nov. 9, appeared to propose mortgages with 50-year terms, an idea that drew criticism from leaders in Washington, researchers and others. “Thanks to President Trump ...