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Home Loans

Homebuyers Drive Rise in Mortgage Applications

According to the Mortgage Bankers Association (MBA), mortgage applications have risen in volume 2.3 percent this week. This has largely been due to purchase applications. “Purchase applications increased for the fourth time in five weeks as we proceed further into

House Flippers New Tactic: Crowdfunding

Now that housing prices are on the rise once more, house flippers are making their way back into the housing market in record numbers, hoping to snatch up distressed homes, renovate them swiftly and efficiently, and then put them back

Report: Home Equity Loans Face New Risk

CNBC’s “Reality Check” writer Diana Olick reported on Thursday that many homeowners are beginning to feel the pinch leftover from taking out a home equity line of credit (HELOC), which was popular between 2005 and 2008 when the financial crisis

Experts Weigh in on When to Refinance

With interest rates falling to record lows in recent months, more homeowners have been refinancing their mortgages than ever before. Still, there are plenty who didn’t jump on the bandwagon, and that’s ok. The Wall Street Journal asked John Schleck,
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