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The higher your credit score, the more likely you are to get approved for a home loan. But that doesn't mean qualifying with a lower score is impossible. Here, we'll show you how to get a mortgage with low credit.Is it possible to get a mortgage with bad or poor credit?Before we talk about how to...

Whether you’re buying a home or looking to refinance, getting the best mortgage rate should be one of your top goals. Not only does a low rate equate to a lower monthly payment, but it also reduces the long-term costs of taking out your loan.Unfortunately, securing low mortgage and refinance rate...

Many financial advisors recommend taking out a shorter-term loan. Why? Because over the life of the loan, less interest is paid to the mortgage company. That makes sense. Less interest is always good, right? But with a shorter-term loan, there’s a tradeoff. The shorter the term, the higher the mo...

Ultra-low mortgage rates returned this week, with lenders offering home buyers and refinancers a chance once again to lock in a rate below 3%. But the National Association of REALTORS® warns that these low rates in the 2% range won’t last much longer, and mortgage rates likely will edge up soon. ...

There are online mortgage lenders that are becoming an increasingly popular way to get funding to buy a home. You can go through these online lenders and do your entire mortgage application from your computer or tablet. This is different from the traditional way of doing things, where you have to...

“May your choices reflect your hopes, and not your fears.” Nelson MandelaOur cities are waking up after being cooped up for a year. Mortgage rates are still low, and the real estate market is still hot.  It is decision time.  Do you buy a home, or do you continue renting?  What are some profitabl...

The COVID-19 pandemic unleashed a financial tidal wave that left many Americans struggling in the wake of job losses and reduced earnings. For some homeowners, however, the pandemic did have one positive side effect: record low interest rates for mortgage refinancing. As refinancing rates reached...

As the economy continues to strengthen, mortgage rates are heading upwards. The 30-year fixed-rate mortgage increased from its 2.94% average last week to 3% this week, Freddie Mac reports.“Mortgage rates are more likely to continue to rise than fall throughout the rest of 2021,” Nadia Evangelou, ...

If you’re 62 or older – and want money to pay off your mortgage, supplement your income, or pay for healthcare expenses – you may consider a reverse mortgage. It allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills. But t...

Shopping around for a home loan or mortgage will help you get the best financing deal. A mortgage — whether it’s a home purchase, a refinancing, or a home equity loan — is a product, just like a car, so the price and terms may be negotiable. You will want to compare all the costs involved in obta...