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Mortgage and Lending - ChangeMyRate.com® A Mortgage Corporation - NMLS #1326269
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 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
KEY POINTS The typical interest rate for 30-year fixed-rate mortgages decreased to 3.01% from 3.11% last week. Applications to refinance a home loan jumped 9% last week from the previous week, according to the Mortgage Bankers Association. Applications for a mortgage to purchase a home fell 2% fo...
07/29/2021
Homeowners can now refinance their mortgages without worrying about the added costs of a pandemic-era refinance fee.The Adverse Market Refinance Fee was implemented by the Federal Housing Finance Agency (FHFA) in December 2020 to cover losses due to the COVID-19 pandemic. It added 0.5% to the cos...
07/27/2021
When you prepay your mortgage, you make extra payments on your principal loan balance. Paying additional principal on your mortgage can save you thousands of dollars in interest and help you build equity faster. There are several ways to prepay a mortgage: Make an extra mortgage payment every yea...
07/26/2021
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