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Mortgage and Lending - ChangeMyRate.com® A Mortgage Corporation - NMLS #1326269
RECENT BLOG POSTS
 Change to underwriting system set to go into effect mid-SeptemberPay your mortgage bill on time and your credit score will go up. Pay your rent and it won’t.That dynamic has made it harder for renters to qualify for an affordable mortgage and become homeowners. Now Fannie Mae is trying to change...
08/12/2021
It’s not just whether you pay your bills on time that matters.Like it or not, your credit score is one of the most important numbers in your life, ranking up there with your Social Security number, date of birth, and wedding anniversary. This three-digit number is your financial report card, exce...
08/11/2021
 Improving your credit score is the first step to getting your finances on track.A high score means lower interests rates on debt — from mortgages to car loans to credit cards. Moreover, a low score can not only make it difficult to qualify for a loan in the first place, it can also hurt your emp...
08/09/2021
 These calculators are intended to provide guidance and financial estimates. Please reach out to your lender for precise calculations.Rent vs. BuyUnderstand the financial differences between renting and owning a home.Tax SavingsLearn about the potential tax savings with homeownership.How Much Can...
08/08/2021
 A new bipartisan bill in the House of Representatives, called the HELPER Act (or Homes for Every Local Protector, Educator and Responder) aims to help teachers and other first responders who kept things going during the height of the COVID-19 pandemic by providing them with a one-time, down paym...
08/06/2021
 Our HUD-certified housing counselors can assist you if you are struggling to make your mortgage payments and help you prepare for successful homeownership.We have adjusted our Borrower Help Center operations to protect our communities from the direct and indirect impacts of coronavirus (COVID-19...
08/05/2021
The rate on a 30-year fixed mortgage decreased today, providing buyers and homeowners interested in refinancing a chance to lock in a historically low rate.As of today, the average rate on a 30-year fixed mortgage is 3.02% with an APR of 3.25%, according to Bankrate.com. The 15-year fixed mortgag...
08/03/2021
The first time you get a credit card or take out a loan, your credit history begins. Your credit history is what potential creditors and lenders use to determine if you can manage money responsibly. If you've never had credit, you are referred to as credit invisible, meaning you don’t have a cred...
08/02/2021
Mortgage giants Fannie Mae and Freddie Mac “will eliminate the adverse market refinance fee for loan deliveries effective August 1, 2021,” the Federal Housing Finance Agency notes. That means that if you refinance your mortgage now, you won’t be paying that fee, which will likely save you money, ...
08/01/2021
Mortgage rates have reversed course, and refinancing activity is on the rise. That means homeowners who participated in the great refi boom of 2020 are faced with a fresh decision: Should you refi again?At mortgage lender Lower, that’s a common question from borrowers, says Chelsea Wagner, a regi...
07/31/2021
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