Items Tagged with 'Mortgage'

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Guaranteed Rate offers 1% down mortgage program through homebuyer grant with Chicago

No first-time homebuyer requirement
Low down payment mortgage programs have made quite the entrance in to the market as of late. Quicken Loans revealed the details of what went factors made up its 1% down, and now Guaranteed Rate revealed a new 1% down program. This program, however, is significantly different, as Kasey Marty, executive vice president of secondary marketing with Guaranteed Rate, explains.
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30-year mortgage leaves homebuyers poor?

It’s not your only choice
30-year fixed mortgages may not be the way to go if homebuyers can afford a larger monthly payment. In fact, total interest over the life of the loan is over three times higher on a 30-year mortgage than on a 15-year mortgage, and that’s just for a median priced home. Is it time to reignite the debate on the role of the 30-year mortgage in our industry?
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New American Funding expands to Oregon

Will service Lake Oswego and surrounding areas
California-based New American Funding just expanded into the Lake Oswego area in Oregon. See why executives thought Oregon is the natural fit, and who they hired as the new state area manager.
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CoreLogic: 268,000 homeowners no longer underwater

Underwater homes makeup 8% of housing market
The consistent rise in home equity can thank rising home prices and less distressed sales for its improvement in the first quarter of 2016. If the home-price trend continues, CoreLogic executives show what that would mean for home equity.
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