We’ve known for decades that home buying and selling follows seasonal patterns, but a recent study* from housing tech startup Haus found that mortgage interest rates also have their own pattern. They also uncovered several other tidbits about how and when
The coronavirus pandemic that shutdown the U.S. economy almost a year ago has continued to affect the nation in many more aspects than just personal health. With millions of American companies forced to have their employees work from home, many of them ha
1. FHA loans FHA loans are “guaranteed” by the Federal Housing Administration. That doesn’t mean you’re guaranteed to be approved. Rather, the FHA will reimburse the lender if the borrower defaults on their mortgage loan. Be
VA IRRRL Refinancing The Interest Rate Reduction Refinance Loan (IRRRL), sometimes called a “Streamline” loan, is a product for existing VA borrowers interested in taking advantage of lower interest rates. An IRRRL can help a VA borrower redu
VA IRRRL Refinancing The Interest Rate Reduction Refinance Loan (IRRRL), sometimes called a “Streamline” loan, is a product for existing VA borrowers interested in taking advantage of lower interest rates. An IRRRL can help a VA borrower redu
1. Can you repay a loan? Lenders may not ask it exactly this way, but when they ask about your time in business, your annual revenues, your profits or your cash flow, they’re trying to determine if you have the means to make regular payments. This