Category "Mortgage"

Your home may be the single largest investment in your life. At ForTheBestRate.com, we want to provide you with information on the home financing process and make sure that you’re getting a great deal on your next mortgage. In this section of the website, we have posts covering a wide range of topics including real estate investing, mortgage products, refinancing, and industry related news.

Mortgage

HUD Selling Off Severely Distressed Mortgages

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The U.S. Department of Housing and Urban Development (HUD) recently announced that investors can now apply to purchase pools of severely distressed mortgages that were previously insured by the FHA....

Mortgage

Mortgage Market Update – Applications Up and Down

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The Good News First For years, the mortgage industry has been struggling to overcome the financial crisis. Now, with mortgage application volume up and properties with negative equity in decline,...

Mortgage

Tight Lending Continues to Impact Housing Market

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Real estate professionals across the country were queried recently as part of the NAR’s Realtors Confidence Index. Over 50,000 took part in the study which was conducted from June 25th...

Mortgage

More Homeowners Taking Advantage of HARP Refinancing

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Last fall, the Federal Housing Finance Agency (FHFA), which become the conservator of Fannie Mae and Freddie Mac back in 2008, made several key changes to the Obama Administration’s Home Affordable...

Mortgage

The Principal Deduction Debate

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Those that support mortgage prime deduction strongly believe it will counteract the housing crisis. Those opposed view it as one more handout that the nation’s already burdened taxpayers will be...

Mortgage

Presidential Candidates Pushed on Housing Market

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With the 2012 US presidential election just months away, you’d think that the state of the nation’s housing market would be a hot topic. Unfortunately, neither President Obama, nor the...

Mortgage

Refinance Applications Decline in August

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Mortgage refinance applications dropped in August, while total mortgage applications fell 7.4 percent, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending...

Mortgage

5 Questions to Ask Before Applying for a Mortgage

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Applying for a mortgage is a serious step in your home buying process. A lot of home buyers find the application process confusing and stressful. Having a clear understanding of...

Mortgage

Americans Still Dream of Homeownership

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You may think that after almost five years of dealing with the mortgage crisis and its aftereffects that many Americans would have soured on the idea of homeownership. Au contraire!...

Mortgage

Are Mortgage Lending Guidelines Still Being Tightened?

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Over the last few years, lenders became increasingly picky when it came to approving mortgage applications. After the housing meltdown, (which experts say was caused in part by overly generous...

Mortgage

FHA Rescinds Rule with Disputed Bills

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There was some good news in July for prospective home buyers interested in securing low down-payment mortgages available through the Federal Housing Administration. As reported in a June 29th article...