Tag Archives: fannie mae and freddie

Get HomeReady: An Affordable Mortgage Program You Might Have Missed

Part of Homebuying 101

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of…

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The ABCs of ARMs: How Adjustable-Rate Mortgages Work

Adjustable-rate mortgages (ARMs) have surged in popularity, reaching their highest numbers since the Great Recession. Recent volatility in the housing market has made ARMs an attractive option for borrowers seeking low initial interest rates. While better regulated than they once...

What is Mortgage Forbearance and is it a Good Idea?

Part of Money Matters

Have you ever gotten a bill and immediately wondered how you’ll come up with the money to pay for it? It’s a common situation, especially when you experience financial hardship or an unfortunate job loss. It’s a good rule of…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.