Understanding the Debt-to-Income Ratio
One of the most important aspects of qualifying for a mortgage is your debt-to-income ratio. You may have heard 30% [...]
How your Credit Score Affects Your Loan.
If you are offered a loan rate that isn't what you expected, it may be because of your credit score. [...]
Fannie Mae, Freddie Mac loan limit increases to more than $510,000
Conforming loan limit has now increased by nearly $100,000 since 2016 The Federal Housing Finance Agency announced Tuesday that it is raising [...]
The Different Types of Mortgages
When you think of a mortgage, you probably think of the traditional mortgage with a large down payment, or [...]
Sheila Siegel One of Mortgage Banking’s Most Powerful Women 2019
“NMP’s Mortgage Banking’s Most Powerful Women awards recognize women that are pioneers, leaders and innovators who have been “instrumental [...]
The 30-Year Fix (Pt. 3): GSE Reform & the Fate of the 30-Year Mortgage
Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for [...]
The 30-Year Fix (Pt. 2): Mortgage Products Around the World
Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for the sake [...]
The 30-Year Fix (Pt. 1): The Curious Case of the 30-Year Fixed-Rate Mortgage in America
In any complex industry, macro transformation happens slowly. In the mortgage industry, evolution is so subtle that it’s nearly [...]
October Report: U.S. Economy in a Snapshot
Overview of the October 2019 Snapshot Real consumer spending growth softened in August. Real expenditures on services were essentially flat [...]
Refis up Another 10% as Rates Revisit Recent Lows
Declining interest rates made for another strong week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite [...]