How Do Student Loans Affect My Ability To Get A Mortgage?

Getting a mortgage and buying a home is one of the biggest milestones in adult life. It’s no wonder most people still hope they’ll be able to afford their own home someday. But with more and more concern over the rising rate of student debt in the country, many people are wondering how student loans…

September 1, 20240Comments

ByLee Okwei

Rate News

Today’s Mortgage Rates | August 31, 2024

Federal Reserve Turnover Could Affect Mortgage Rates Two key leadership positions in the Federal Reserve are up for re-appointment this fall. The Biden administration is considering changing up the leadership to appoint officials who are more concerned with climate change, banking regulation, and income inequality. There is pressure from Progressive democrats to take this opportunity…

August 31, 20240Comments

ByLee Okwei

Rate News

Today’s Mortgage Rates | August 30, 2024

The VA Has A Little Known Program To Help Veterans Keep Their Homes The federal mortgage forbearance program being offered through all of the governmental housing agencies is open for enrollment through September 30th, 2021. However, the VA has a second, separate plan available to veterans. This plan is known as the VA Partial Claim…

August 30, 20240Comments

ByLee Okwei

Rate News

The Feds New Strategy Could Keep Rates Low For A Long Time

In a dramatic policy pivot the Fed announced Thursday that it will allow inflation to run 'hotter than normal' to help support the economies bounce back from coronavirus. This means that interest rates are unlikely to dramatically rise any time soon. This doesn't mean that rates will stay as low as they are, but that…

August 28, 20240Comments

ByJohn Wilkinson

Rate News

Today’s Mortgage Rates | August 27, 2024

Renting Your Home May Be An Alternative To Foreclosure Rental rates have risen drastically over the past year. Monthly rental payments are currently higher than average mortgage payments in the majority of US metro areas. For homeowners facing the end of forbearance program grace periods, renting out their home may be the best option…

August 27, 20240Comments

ByJohn Wilkinson

Mortgage Companies

Quicken Loans Review

Quicken Loans LLC. is a mortgage lending company headquartered in the One Campus Martius building in the heart of the financial district of Downtown Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S. (it is also the largest online retail mortgage lender).[14] Unlike other large mortgage lenders that depend on deposits, Quicken Loans relies on wholesale funding to make…

August 13, 20240Comments

ByJohn Wilkinson

Mortgage Companies

Amerisave Mortgage Review

AmeriSave Mortgage Corporation is a full-service mortgage lender operating in 49 states and DC. Established in Atlanta in 2002, it has funded 220,000+ homes for a total value of nearly $60 billion. AmeriSave is known for offering streamlined online applications with the option of contacting customer support any time you need assistance. Overview AmeriSave is…

July 13, 20240Comments

ByJohn Wilkinson

Mortgage Companies

Better Mortgage Review

Better Mortgage Corporation is a direct lender that uses technology to provide a fast and transparent digital mortgage experience backed by customer support. It was founded in 2014 and is backed by big-name investors including Citi, Goldman Sachs, Kleiner Perkins, and American Express. To date, it has originated more than $2 billion in conventional mortgage…

July 13, 20240Comments

ByJohn Wilkinson

Rate News

Introducing Daily Rates

RateComparison.org is proud to begin providing weekday interest rate movement news and breakdowns. You'll be seeing many more posts from our newest writer Mrs. Lee Okwei, a proven finance writer who brings her unique understanding of interest rates to our site. We'll continue to bring more and more financial experts to deliver…

July 13, 20240Comments

ByJohn Wilkinson

Mortgage

What is the FMERR Program?

When homeowners find themselves in trouble financially, they often are concerned about how they will pay their mortgage every month. This can be the biggest monthly expense for many people and not being able to pay your mortgage can lead to stress and fear. The FMERR program is a Freddie Mac Enhanced Relief Refinance mortgage…

March 13, 20240Comments

ByJohn Wilkinson