Here are plenty of reasons to refinance your home — better rates, lower monthly payments, and getting rid of private mortgage insurance are just a few of them.

But there are times when refinancing isn't the best financial decision. Darrin English, Senior Community Development Loan Officer at Quontic Bank ...

The California Buyer Purchasing Power Index (BPPI) figure was +10.5 in June 2020. This positive figure tells us a homebuyer with the same income is able to borrow 10.5% more today than a year ago. The BPPI figure has remained positive throughout 2019-2020 as a result of ...

For home sales contingent on financing, the appraisal has the potential to derail the entire sale — or validate the price, cinching mortgage approval.

When an appraisal comes in below the price the buyer and seller agree to, this is known as a low appraisal. The mortgage lender will not ...

The average 30-year fixed rate mortgage (FRM) rate remained roughly level in the week ending June 5, 2020, now at 3.21%. The 15-year FRM rate also remained flat, at 2.62%. FRM rates have descended to historic lows due to efforts to stimulate lending during today’s unstable economic times ...

Guidance and advice

As part of the transaction our advice and guidance as real estate agents in the mortgage application process, the transaction agent instructs the buyer regarding:

• the expectations held and the role of each servicer provider involved in the mortgage transaction. This includes the lender’s representative, the appraiser ...

If you’re looking to buy a home this season — or thinking about refinancing — you may be wondering how things have changed in recent months.

Many routine activities, including parts of the home financing process, look a little different now due to social distancing and other safety guidelines.

Getting ...

(credit : iStock)

Home loan applications dropped last week as refinancing requests waned but requests for purchases showed a healthy gain.

The Mortgage Bankers Association’s index measuring home loan application volume slid 3.3 percent, seasonally adjusted, for the period ending April 24 from the week before. But one element of ...

The average 30-year fixed rate mortgage (FRM) rate remained roughly level at 3.33% in the week ending April 24, 2020, just above the record low reached in the prior month. The 15-year FRM rate increased slightly to 2.88%. FRM rates recently descended to historic lows due to global ...

Forget a two-car garage and a white picket fence — first-time homebuyers want lower interest rates.

A recent Redfin survey of homeowners who purchased their first home within the prior 12 months found lower interest rates were highest on first-time homebuyers’ wish lists. Of the first-time homebuyers surveyed about what ...

-China has closed down its last coronavirus hospital. Not enough new cases to support them.

- Doctors in India have been successful in treating Coronavirus. Combination of drugs used: Lopinavir, Retonovir, Oseltamivir along with Chlorphenamine. They are going to suggest same medicine, globally.

- Researchers of the Erasmus Medical Center ...