Because of the decrease in mortgage rates to record lows, homeowners’ demand for refinancing has increased across the nation.

According to lenders and mortgage experts, all types of homeowners are attempting to decrease their monthly payments especially with the…

The good out-turn continues for the Broker Mortgage Choice as the agency reports increase in their loans for household approvals which increased up to $11.2 billion in their last recording year. This increase is 6.4% of their loan book…

According to a recent research, there have been an increasing number of cash-strapped households that choose to let the younger generations and senior family members to stay at home in order…

These past few years, politicians, economists and Wall Street became concerned for Fannie Mae, Freddie Mac, and the Federal Housing Administration. They were anxious about the agencies’ respective ability to stay solvent.…

According to the Single-Family Outlook report for the month of June, there was an increase in the refinance applications for mortgage loans insured by the Federal Housing Administration (FHA) by almost 200 percent from May to…

According to national loan approval data from Mortgage Choice, which is the largest mortgage broker in Australia, demand for variable rate home loans achieved an eleventh month high in July due to the rumors of another rate…

In the past few years, the mortgage loan process and procedural policies have been much more rigid, which is clearly brought about by the foreclosure crisis. A borrower’s financial records are thoroughly inspected to make sure the…

According to the most recent figures from the Reserve Bank, the floating rate mortgages is 61.7 percent of the overall mortgage lending by banks for the month of May, which is a decrease from the…

A policy demanding borrowers to settle their disputed bills in their credit reports before they are qualified to have another loan has been canceled by the Federal Housing Administration.

The FHA has ordered to make the annulment…

In terms of refinancing or purchasing a new house, there has been a wider range of options compared to the past for consumers who have little or no equity in their homes…