A little more color on the recent Shelter England research that shows more borrowers are putting their mortgage payments on credit. From the article: Homeowners who make their mortgage payments on a credit card have been advised against doing so by one expert as he states that it could lead to them losing their home. Chris Jenkins, co-owner of the Homeowners Advice Centre, says that while some people may believe that paying their mortgage by any means possible is guarding against repossession, the fact is that eventually this credit will run out.

Most Popular Articles

Here are the mortgage lenders that borrowers like the most

J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, released Thursday morning, showed that there are some lenders that customers seem to love working with more than others. Here are the ones that borrowers are partial to.

Nov 14, 2019 By

Latest Articles

Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By