If you have your sights set on a property with a price tag of half a million or more, you may need to take out a jumbo mortgage loan to finance the purchase. A jumbo loan is a loan that exceeds the li
When buying your first home, there are no wrong questions—only questions you wish you had asked. At least 8.3 million first-time homebuyers are projected to enter the mortgage market through 2022, acc
The Federal Reserve plays an indirect, yet influential role in mortgage rates across the country. During times of crisis, the Fed employs a handful of tactics to boost the economy. If the tactics prov
Mortgage rates plummeted this week after experiencing increases late last week. The reason: a very encouraging message from the Federal Reserve, at least as far as interest rates go.
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