Browsing Tag:Whats

calendar-whats-driving-mortgage-charges-the-week-of-nov-29-dec-3-2021
Mortgage rates are notoriously unpredictable, but real estate economists expect them to rise in the coming months. Two items on this week's economic calendar could shape the future of mortgage rates.The first major business news of the week comes Tuesday, when the Federal Housing Finance Agency announces its compliant credit limits for 2022. This number is the...
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usda-vs-fha-loans-whats-the-distinction
Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our affiliate lenders that we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276 is referred to herein as "credible".US Department of Agriculture (USDA) and Federal Housing Administration (FHA) mortgage loans...
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jumbo-vs-typical-mortgages-what-is-the-distinction
Jumbo vs. Conventional Mortgages: An Overview Jumbo and conventional mortgages are two types of financing that borrowers use for home purchases. Both require homeowners to meet certain eligibility requirements, including minimum creditworthiness, income thresholds, repayment ability, and minimum deposit requirements. Government Sponsored Corporations (GSEs) such as Fannie Mae and Freddie Mac, the Federal Housing Administration (FHA),...
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whats-occurring-with-non-agency-jumbo-originations
According to Inside Mortgage Finance, this is likely due to lenders relaxing underwriting standards to increase volume and demand. Still, the sector's share of total emissions remains below pre-pandemic levels.Jumbo loans accounted for 12.8% of total mortgage production in the second quarter, up from 9.2% in the previous quarter. This contrasts with a market share of 16.7%...
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whats-driving-mortgage-charges-the-week-of-aug-16-20-2021
Bankrate follows a strict editorial policy so you can be confident that your interests come first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.Key principlesWe appreciate your trust. Our mission is to provide readers with accurate and unbiased information and we have editorial standards to ensure that...
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