Top Headlines from
The Mobile Expandable Prefab House on Temu: A Smart Buy?
Social media is buzzing with a potential solution to the housing crisis: a portable building that folds out into a tiny home. Can you live in this thing?
by Tim Lucas in Real Estate
September 13, 2024 9 MIN
FHA 203(b) Loan: Is It Different Than Standard FHA? What To Know
This guide covers everything you need to know about the FHA 203(b) loan, including eligibility, appraisals, and how it differs from the 203(k).
by Tim Lucas in Home Loans
September 12, 2024 10 MIN
FHA Identity of Interest: How it Can Affect Your Loan
An FHA identity of interest, or non-arms-length, transaction can impact your down payment requirements. Learn what identity of interest is and how it can affect your loan.
by Tim Lucas in Home Loans
September 12, 2024 8 MIN
FHA-Approved Condos: Requirements & How to Find Them
Learn how to use the FHA-approved condos list, how and why to get a condo approved, why some condo associations don’t seek FHA approval, and more.
by Tim Lucas in Home Loans
September 12, 2024 11 MIN
Economy
Housing Inventory Finally Crosses 2020 Levels. Time to Buy Before Prices Rise?
Housing inventory is hitting 4-year highs. Higher mortgage rates have gone from a curse to a blessing. Is it time to buy?
by Peter Warden in Economy
July 23, 2024 5 MIN
‘Dating the Rate’ Has Turned Into a Shotgun Wedding
Homeowners hoped 2024 would help them break up with their mortgage rate, but a recent report shows they should start thinking about a long-term relationship.
April 26, 2024 6 MIN
Here's How Bad 2023 Was For The Top 20 Mortgage Lenders
2023 wasn't kind to mortgage lenders. But some fared surprisingly well, leveraging opportunities the market presented.
April 25, 2024 8 MIN
Market Snapshot
Daily Rates
Avg. of rates locked on September 13, 2024
30-Yr. Conforming
6.096% -0.034
30-Yr. FHA
5.929% -0.017
30-Yr. VA
5.459% -0.013
Rate Trends
Rates
Mortgage Rates Today, Sep. 13, 2024: Fed in Focus
Will the Fed cut big or small next Wednesday? More importantly, what will it say about future cuts?
by Peter Warden in Rates
September 13, 2024 3 MIN
Suddenly, Refinancing May Be An Option For Post-2022 Homebuyers
Many homeowners who purchased since September 2022 might save money with a refinance, thanks to falling mortgage rates.
September 9, 2024 3 MIN
Real Estate
Couple Cuts Cost of Living by 60-70% In This Little-Known European Town
A couple "slow travels" Europe from this well-kept-secret town that you probably couldn't point to on a map.
by Deborah Kearns in Real Estate
September 4, 2024 3 MIN
Family Moves to Costa Rica For a Mortgage-Free, Simpler Life. 'We Love Living Here.'
This family had it all in the U.S. But they relocated to Costa Rica for a cheaper, simpler life, and never plan to look back.
by Deborah Kearns in Real Estate
September 4, 2024 4 MIN
Home Loans
Will FHA Loan Limits Increase in 2025?
According to our estimates, FHA loan limits could rise in 2025. Find out how much they could go up.
by Tim Lucas in Home Loans
August 27, 2024 4 MIN
Will Conventional Loan Limits Increase in 2025?
We take a look at 2024 home prices thus far into the year to make a prediction about 2025 conventional loan limits.
by Tim Lucas in Home Loans
August 27, 2024 4 MIN
Credit
Can You Raise Your Credit Score by 100 Points Overnight?
With some hard work, your credit score can skyrocket 100 points or more. Here's what it might take.
April 24, 2024 7 MIN
Does Getting Pre-Approved Hurt Your Credit?
Many first-time buyers hesitate to get pre-approved because it could hurt their credit. But now it's possible to get pre-approved without a hard credit inquiry.
April 4, 2024 4 MIN
