Buying a First Home in an Expensive Area
For Americans living and working in the nation’s most expensive real estate markets, homeownership can seem like the impossible dream. Prices are high and options can…
Mortgage articles — 2020-07
Articles with publication dates in 2020-07.
Is Down Payment Assistance Still Available During COVID-19?
Even as demand for mortgage loans has ramped up since the coronavirus crisis began, some aspects of the home loan market have changed. With millions of homeowners…
New FICO “Resilience” Credit Score Could Help Borrowers
As the U.S. economy reels from record-high unemployment and continued COVID-19 shutdowns, the Fair Isaac Corp. (FICO), a global analytics company and producer of the…
Should I Prepay My Mortgage?
The main benefit of paying off your mortgage early is the savings. Even by cutting off just a few years from your home loan, you can save thousands of dollars in…
What Happens If I Lose My Job During the Mortgage Process?
You are midway through the process of closing on a new home or a refinance mortgage. Then you lose your job. In today’s coronavirus crisis climate, plenty of home…