Oct 14, 20232 minMortgage MythsHow to Get a Reverse Mortgage and the Pros and ConsA reverse mortgage is a loan that allows homeowners 62 years of age or older to borrow against the equity in their homes without having...
Oct 10, 20233 minMortgage NewsFHFA Increases Loan Limits for Fannie Mae and Freddie Mac in 2024The Federal Housing Finance Agency (FHFA) has announced that it will raise the loan limits for Fannie Mae and Freddie Mac in 2024. The...
Sep 29, 20234 minMortgage NewsUS Economy Grows 2.1% in Q2, Home Values Appreciate, Borrowers Consolidate High-Cost DebtThe US economy grew at a 2.1% annualized rate in the second quarter of 2023, according to the Bureau of Economic Analysis. This follows a...
Sep 18, 20232 minMortgage NewsMortgage Lenders Become More Lenient with Struggling Borrowers Amid Rising RatesMortgage lenders are becoming more lenient with borrowers who are struggling to make payments, as rising interest rates and inflation...