home loans

Homeowners Face Uncertainty Over Delayed Mortgage Payments
Homeowners Face Uncertainty Over Delayed Mortgage Payments
April 24, 2020  |  Coronavirus

Homeowners who expected temporary financial relief from the COVID-19 pandemic may be in for a big surprise next year, The Wall Street Journal reported. While...

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Home Loan Defaults Could Decimate Mortgage Servicers
Home Loan Defaults Could Decimate Mortgage Servicers
March 23, 2020  |  Coronavirus

The Mortgage Bankers Association (MBA) is concerned that deferred and late mortgage payments due to lost jobs and reduced hours caused by the coronavirus could...

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Zillow To Offer In-House Mortgages For Homebuyers
Zillow To Offer In-House Mortgages For Homebuyers
April 02, 2019  |  Loans

Online real estate company Zillow has announced it will offer home loans through a new division that lets mortgage seekers get funding right from the...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  International

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
Mortgage Applications Rise 2 Pct As Home Loan Costs Fall
December 06, 2018  |  Loans

The Mortgage Bankers Association revealed that U.S. borrowers filed the most mortgage applications for both new purchases and refinancing in nearly two months. The news...

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Rising Interest Rates And The Changing Mortgage Market
Rising Interest Rates And The Changing Mortgage Market
November 27, 2018  |  Loans

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. Mortgage applications for new homes are...

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Wells Fargo Found More Customers Who Were Wrongly Foreclosed
Wells Fargo Found More Customers Who Were Wrongly Foreclosed
November 06, 2018  |  Loans

Wells Fargo said Tuesday (Nov. 6) that an underwriting error internally prompted it to reject home loan modifications, which resulted in the bank foreclosing on...

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Mortgage Rates Near 5 Percent For First Time In Several Years
Mortgage Rates Near 5 Percent For First Time In Several Years
October 11, 2018  |  Loans

Mortgage rates reached a high that hasn’t been seen in longer than seven years when they inched up close to 5 percent on Wednesday (Oct....

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Opening Up Mortgages For Gig Workers
Opening Up Mortgages For Gig Workers
September 18, 2018  |  Alternative Finances

While freelance and self-employment has existed as long as the work has existed, half a decade can make a big difference. Gig workers have gone...

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