The Many Types of Mortgage Loans

The Many Types of Mortgage Loans

by sgomes | May 10, 2023 | Mortgage Most people don’t know how many types of mortgage loans exist today.  The following lists and explains the most popular options for borrowers.: Conventional loans Conventional loans are the most common type of home loan. These...
Mortgage Application Volume Boosted by Fed Comments

Mortgage Application Volume Boosted by Fed Comments

By Jann Swanson, Wed May 10, 2023, 8:24 AM: The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a...
The Three Factors Affecting Home Affordability Today

The Three Factors Affecting Home Affordability Today

There has been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s home buyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than...