Tag Archives: Investment

4 mortgage tips for savvy homebuyers

"I could have done better." With respect to mortgage lenders, approximately one-fifth of homebuyers felt this way last year, according to the 2016 J.D.

Tagged | Comments Off on 4 mortgage tips for savvy homebuyers

Mortgage insurance premium reduction to take effect

Borrowers could potentially save hundreds under the new mortgage insurance premium reduction set to take effect later this month.

Tagged | Comments Off on Mortgage insurance premium reduction to take effect

Mortgage rates are fuelling the generational wealth inbalance

On that day in the high street, mulling over the disposable income these two-decades older people seemed to have, despite possibly being on lower actual incomes than my own, I worked out why: the low mortgage interest rates for those … Continue reading

Tagged | Comments Off on Mortgage rates are fuelling the generational wealth inbalance

Current Mortgage Rates for Friday, January 6, 2017

Happy Friday, and welcome to the Total Mortgage Current Mortgage Rates Blog. There's some economic data out today, but first, your daily mortgage rate forecast/advice. Click here to get today's latest mortgage rates.

Tagged | Comments Off on Current Mortgage Rates for Friday, January 6, 2017

Post-election mortgage rate bump worries some homebuyers

On Thursday, the national average for a 15-year, fixed-rate mortgage was 3.34 percent , up from about 2.75 percent before the election, according to the weekly market survey by Federal Home Loan Mortgage Corp., also known as Freddie Mac. For … Continue reading

Tagged | Comments Off on Post-election mortgage rate bump worries some homebuyers

UK October gross mortgage lending yy GBP 20.6bln vs 21.8bln

The Council of Mortgage Lenders' members are banks, building societies and other lenders who together undertake around 97% of all residential mortgage lending in the UK. There are 11.1 million mortgages in the UK, with loans worth over

Tagged | Comments Off on UK October gross mortgage lending yy GBP 20.6bln vs 21.8bln

Wells Fargo Profit Beats Estimates as Mortgage Revenue Rises

Total loans increased less than 1 percent to $961.3 billion from the previous quarter, while mortgage banking revenue climbed 4.9 percent to $1.67 billion, according to the statement.

Tagged | Comments Off on Wells Fargo Profit Beats Estimates as Mortgage Revenue Rises

What Is a Mortgage REIT?

There are ways to make money in real estate without actually owning property. If you invest in a mortgage REIT, you could profit from the mortgages and mortgage-backed securities that finance real estate. Most REITs, or real estate investment trusts … Continue reading

Tagged | Comments Off on What Is a Mortgage REIT?

Minority-Owned Lender Secures Private Equity Funding

Alterra is fully minority-owned and primarily targets the Hispanic marketplace. The independent mortgage bank sought out a private equity partner so that it could have access to the capital and liquidity it needed to grow, particularly in light of the … Continue reading

Tagged | Comments Off on Minority-Owned Lender Secures Private Equity Funding

How to Pay Off Your Mortgage and Be Financially Free in 5 Years

The American Dream: House, 2.5 kids, pets, credit card debt, 30-year mortgage with an ARM, car loan, wondering how to pay for the education of those 2.5 kids, the list goes on.

Tagged | Comments Off on How to Pay Off Your Mortgage and Be Financially Free in 5 Years