What Is the VA Funding Fee? BY NOEL DÁVILA A VA funding fee is a one-time payment made by current or former military personnel (or their surviving spouses) as part of the VA home loan program. This funding fee is paid to the…
February home prices see the biggest gain in 15 years, S&P Case-Shiller says Diana Olick Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars. Nationally, prices in February rose 12% year over…
CFG Celebrates 20 Years! This month CFG celebrates it's 20th year serving our clients' mortgage needs. It has been an honor to be able to help so many fulfill their dream of homeownership as well as providing the opportunity to…
Slow condo price growth may be opportunity for first-time homebuyers By Zach Wichter Zach Wichter's Twitter profile The hot housing market isn’t totally even, and some cities and kinds of properties are seeing bigger price gains than others. In particular, condominium prices across…
The 2021 housing market is off to a red-hot start! Mark Huffman If the first month of 2021 is any indication, the U.S. housing market will be even hotter than it was last year. A new report from Realtor.com…
FHFA Drops a Bomb; Your Refi Just Got Much More Expensive! -Mortgage Daily News In what can only be described as a cash grab, Fannie and Freddie's regulator just announced a new tax on refinances. Granted, it's not technically a tax,…
Mortgage applications rise as loan demand remains strong. Glenn McCullom Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the…
The market has for the most part taken a nose dive the past 24-48 hours. We have seen rates on some programs go up almost a half point! There are so many varying opinions out there that it’s hard to…
THE FED RATE CUT HAS NOTHING TO DO WITH MORTGAGE RATES MBS Commentary | 12:28PM By: Matthew GrahamThe Fed announced an emergency rate cut of 50bps today (0.50%). Great! So your mortgage rate could be 0.5% lower, right?WRONG!And to…
New analysis: Spring homebuying season may be the last affordable one for some time. Aly J. Yale The Mortgage Reports Contributor February 10, 2020 - 1 min read If you’re looking to buy a home this year,…
