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Best Mortgage Lenders For FHA Loans Of September 2022

Commissions do not affect our editors' opinions or evaluations. Loans backed by the Federal Housing Administration, or FHA loans, tend to be popular among first-time homebuyers because they come ...

Posted by on 2022-08-31

Housing Supply, Career Opportunities, Vendor Services; How the Fed Impacts Rates

It’s Fed decision day today and another 75-basis point rate hike is expected. Mortgage rates have surged to 14-year highs, deterring both buyers and builders, who have begun making the shift to ...

Posted by on 2022-09-21

Ten practical tips for aspiring first time home buyers

By Kara Thompson, Special to the AFRO, kthompson@afro.com Purchasing your first home is a daunting task, but it’s also one of the best long-term investments you can make. The Mortgage […] ...

Posted by on 2022-09-20

Impacts to borrowers as Federal Reserve rate hike looms

Federal Reserve Chair Jerome Powell warned last month that interest rates would be aggressively raised to curb inflation.

Posted by on 2022-09-20

Study Finds One-Third of U.S. Homes Are Bought With Cash

The share of U.S. homes bought with all cash is down slightly from the peak reached earlier this year, but still up from pre-pandemic levels, according to Redfin's latest market report. Click here to ...

Posted by on 2022-09-17

How to Get a Mortgage Loan Without Great Credit

There are options for mortgage borrowers who don't meet the credit score standards for traditional home loans.

Posted by on 2022-09-17

New Rocket Mortgage Inflation Buster Program Gives Homebuyers First-year Discount

Detroit-based Rocket Mortgage has launched Inflation Buster, reducing monthly mortgage payments 1% for the first year of their loan.

Posted by on 2022-09-20

Opinion: What is Ginnie Mae thinking with new capital rule?

The changes are so punitive that either costs will rise or many Ginnie Mae servicers will leave the program altogether.

Posted by on 2022-09-19

Trial date for DOJ case against reverse mortgage lender delayed to 2024

The trial, previously scheduled for next year, will move to 2024 to accommodate discovery requests from both parties.

Posted by on 2022-09-19

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