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Online mortgage lender Better.com has seen its refinance volume double in just the last month alone, and though refinances.
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Here's a look at what happens at five federal agencies that support the mortgage industry during a government shutdown.
HomeLight, an online real estate platform that uses data and technology to connect home sellers with buyers and real estate agents, is getting into the mortgage business, following in the path blazed.
Most borrowers, whether they are purchasing property or refinancing their home, focus on their mortgage rate and loan terms rather than the.
Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London Interbank Offered Rate (LIBOR). Bank of America ARMs use LIBOR as the basis for ARM interest rate adjustments.
When you’re applying for a mortgage, any debts you have — auto loans, student loans, credit cards, and personal loans– can affect how much you can borrow and whether you can qualify for a mortgage.
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