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Frequently Asked Questions About Down Payment
Jack M. Guttentag
Professor of Finance Emeritus at the Wharton School of the Uni...
Most consumers need to borrow some of the money needed to purchase a home, but lenders will seldom provide it all; usually, they require that borrowers provide some of the money out of their own resources.
Shutdown Squeeze Play May Cause Mortgage Fallout
Mortgage rates slipped downward for the third consecutive week; but before would-be refinancers and home buyers cheer too loudly, they may want to ponder the reason why. The federal government shutdown is creating a dark cloud that overhangs all aspects of finance.
How Much Mortgage Can You Afford?
where home happens
Remember that there are hundreds of loan programs available in today's lending market, and each has different guidelines. So, don't be discouraged if your dream home seems out of reach.
Inflation: The Latest Threat to Mortgage Rates
Since mortgage lenders are very sensitive to the threat of inflation, this rise in the CPI could lead to another wave of mortgage rate increases.
An Eventful Week for Mortgage Rates
There were three especially noteworthy events concerning mortgages during the week of June 17. All of them point to a mortgage environment very much in a state of change.
Mortgage Rates Extend Rising Streak to 6 Weeks
It's starting to look like more than just a temporary blip. On June 13, mortgage finance company Freddie Mac announced that mortgage rates rose for the sixth consecutive week -- and the impact on mortgage activity is already starting to be felt.
New Tool For Underwater Borrowers
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