How the Eviction Moratorium Affects Landlords and Their Mortgages
At the beginning of the coronavirus pandemic, the U.S. government declared a six-month moratorium on all rental evictions, in an effort to prevent mass homelessness…
Mortgage articles — page 8
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How the New Fed Policy Will Affect Your Mortgage Rates
The U.S. Federal Reserve recently announced its new approach to monetary policy, setting the markets abuzz with rumors. Will mortgage interest rates remain low? Will…
How to Apply for a Mortgage Online
Not all that long ago, in order to apply for a home loan, you would have to go into a bank or lender office and fill out paperwork by hand. Thankfully, the advance of…
How to Avoid Delays in Your Home Buying Process
In today’s hot seller’s market, it may be difficult to find and buy a home as quickly as you would like. As of February 2021, the average mortgage loan took 53 days…
How to Avoid Wire Fraud at Mortgage Closing
You have found the perfect property and made it all the way through the home buying process. The only thing left to do is wire the down payment and closing costs to…
How to Build Home Equity
While it is possible to get into homeownership with little upfront investment, there can be many benefits to building up equity in a property. Mortgage equity is the…
How to Buy a Home During COVID-19
With most of the country on shelter-in-place orders due to the outbreak of the COVID-19 virus, the homebuying process has undergone plenty of changes for those still…
How to Calculate Your Debt-to-Income Ratio
When you are ready to apply for a mortgage loan, your lender will ask you for all sorts of financial information. One of the things lenders do with this data is to…
How to Cancel FHA Mortgage Insurance
Mortgage loans made by the Federal Housing Administration can be a huge help to homebuyers without a large down payment. FHA loans require down payments of as little…
How To Consolidate Debt with a Refinance Loan
Americans have a lot of debt. As of mid-2019, U.S. borrowers owed a total of $1.4 trillion in student loans and another $1.07 trillion in consumer credit card debt.…