With home prices hovering near record highs, the affordability of closing costs depends on where borrowers are shopping for ...

Homeowners consider refinancing for lower rates, lower monthly payments, debt consolidation, or better loan terms. Refinancing can save money, improve cash flow, and eliminate mortgage insurance costs ...

Mortgage brokers act as go-betweens for homebuyers and lenders, matching borrowers with the right loans. Brokers can find and offer borrowers various options, including unconventional loans and loans ...

In today’s hot housing market where homes are selling quickly, brokers are busier than ever. As purchase transactions move back to the forefront of lending, the broker channel will only continue to ...

There are a number of challenges affecting the non-QM market, but there are also opportunities. By partnering with a mortgage company that understands how to streamline non-Qm loans, brokers can close ...

You can arrange a home equity loan yourself or use a broker Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and ...

Nonbanks have made quite the comeback over the past decade. In the aftermath of the 2008 financial crisis, nonbanks originated only 12% of mortgage loans nationwide. By 2021, they were back on top, ...

Today is Friday, the day of the week that smaller "on the bubble" banks dread most. What happens to the delinquent loans that the FDIC and its partner banks assume? They are sold - the most recent ...

Taking a loan over 10 years can be an efficient way of keeping the cost of monthly repayments down. This can be especially helpful when borrowing a larger sum of money, such as for home improvements ...