To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...

After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...

A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...

A mortgage broker has revealed the four financial behaviours aspiring homeowners need to avoid if they want to buy a property ...

If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...

The traditional law of mortgages complicates all those amendments for no good reason. Those complications are driven by blind ...

Lynne Coverdale has joined Centra Credit Union’s team as a mortgage loan consultant. Coverdale has worked in the mortgage ...

The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...

Refinancing is when you replace your current mortgage with a new one, often with the goal of lowering your interest rate and ...

There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.

Phones were ringing Thursday at local mortgage companies in the wake of the Federal Reserve’s Wednesday decision to drop its ...