Archive for the ‘Lending’ Category

 

Mortgage rates continue their upward march

March 9th, 2018

Mortgage rates continue their upward march By Kathy Orton March 8 (Pablo Martinez Monsivais/AP) Mortgage rates moved higher again this week, their ninth consecutive increase. According to the latest data, released Thursday by Freddie Mac, the 30-year fixed-rate average rose to its highest level since January 2014, climbing to 4.46 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan […]

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Self-employed mortgage borrower? Here are the rules

January 11th, 2018

Self-employed mortgage borrower? Here are the rules Self-employed mortgage: easier than you think For the 14-million self-employed mortgage borrowers nationwide, it’s getting easier to get approved for a home loan. Here’s your complete guide to getting a self-employed mortgage today. Verify your new rate (Jan 10th, 2018) Recent changes make it easier Guidelines for self-employed homebuyers have loosened up. For example, you may only need one year of income tax […]

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