Page 2 - Second Mortgage News Today

One of the biggest stressors when buying a new house is the need to sell your current house first. But what if you didn’t have to wait?

Interest rates continue to climb as the Federal Reserve hikes rates to curb inflation. These first-time homebuyer programs can still save you money.

Second mortgages are very common in America, though theyve actually gotten less common over the last decade when you look at the raw numbers.

There’s a lot going on, and not only jawboning about a potential Fed rate increase next week. We have the smoke drifting down from Canada and slowing or stopping flights in the Northeast. The Wall Street Journal reports that China and Cuba have signed an agreement for a Chinese eavesdropping station in Cuba. For rate watchers, Trepp has come out with a report showing interest rates sensitivity with commercial loans, cousin to our residential loans and their sensitivity to refinancing give...

Anyone who's in the position to purchase a vacation home is probably excited about the possibilities and making plans for all kinds of fun times spent in it. Certainly having a vacation home could,...

Learn how to turn the equity in your property into liquid resources with a home equity line of credit (HELOC). Discover how HELOCs work, how to get one, and how to use one effectively to finance your major purchases and home improvements.

Consolidated Financial Statements For the years ended December 31, 2022, 2021 and 2020 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING... | May 4, 2023

The CFPB calls out predatory tactics relating back to the 2008 financial crisis that trapped borrowers in home loans they could not afford, focusing on piggyback or 80/20 mortgages.

Businesses that borrow from a federal pandemic loan relief program tended to be small and heavily indebted, says a report by the Department of Industry. Losses under the program are estimated to be in the billions.

The collapse of the subprime mortgage market has created depression-like conditions in the housing market and driven the economy to the brink of recession, but many of those who call formore federal regulation fail to recognize that earlier and morecomprehensive regulatory efforts did little to deter housing marketproblems and in some cases may have made them worse.