MortgagesTreasury Department Tightens Mortgage-Lending Regulation for CDFIsDecember 8, 2023132The U.S. Treasury Department is narrowing an exemption used by some mortgage lenders to offer “no doc” loans. The exemption...
MortgagesMany Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.October 29, 202349Mortgage rates are at their highest level in 23 years. Many U.S. homeowners who have locked-in their costs, however, have...
MortgagesMy cousin is about to retire at 55. Meanwhile, my last financial adviser told me to pay off my mortgage, which was ‘not good advice.’ How can I get on track?October 23, 202348Question: My cousin recently advised me that he had been working with a financial planner for years and is going...
MortgagesIs the U.S. housing market headed for a crash? A mortgage veteran weighs in.March 3, 202367The U.S. housing market has been flashing signs of revving back up this year after its stratospheric climb during the...