According to the latest mortgage rate survey released by Zillow, average mortgage rates fell 16 basis points to a current average of 4.23 percent. The 15 year fixed mortgage rate came in at 3.20 percent while the 5 year ARM...
According to the weekly mortgage rate survey conducted by Zillow Mortgage Marketplace, 30 year fixed mortgage rates plummeted 16 basis points to a current quoted average of 4.06 percent. Recent fears of the Federal Reserve...
The FHA has updated their policy and guideline manual to now include a program being called the "Back to Work - Extenuating Circumstances" program. This program allows home buyers to purchase a home with as little as 1 year...
In today's world, your credit is the difference between you paying thousands of dollars more in interest on home loans, credit cards and even your insurance premiums. Here are a few tips that you can take advantage of to...
According to the Weekly Market Activity Report from the Minneapolis Area Association of Realtors, Minneaplis home values have increased 17.5 percent from one year ago reaching levels not seen since 2007. The latest survey...
There is a new index out there that tracks the availability of mortgage credit and informs consumers who hard it might be to get a home loan at any particular time. The Mortgage Credit Availability Index (MCAI) tracks each...
Mortgage rates continue to increase with no end in sight according to the latest survey from the Mortgage Bankers Association. The conforming 30 year fixed mortgage rate increased 10 basis points to an average of 4.68 percent...
For home buyers taking to the Minneapolis housing market this spring, the FHA has designed a mortgage program that may allow you to take a distressed property and customize it with the upgrades that every new home owner...