Author: compare closing llc

When you buy a home, there are many documents that you sign before you close on the home. Every document that you sign has its significance. Some documents are related... Read More

The Monthly Report for Monitoring of the Mortgage Bankers Association (MBA) shows that the total number of current and forbearance loans against 0.74% of the volume of the management portfolio... Read More

As the Federal Reserve’s Federal Open Market Committee (FOMC) begins its two-day meeting today, many observers expect it to announce another 75% rate hike on Wednesday. A third consecutive 0.75% increase... Read More

When you apply for credit to purchase a product, real estate, or service, your lender has to go through a lot of laws and regulations before they can provide you... Read More

With the typical rate for a 30-year fixed mortgage ascending to 5.89% this week, the most significant level starting around 2008, home affordability has tumbled to another 35-year low, Dark... Read More

Following the most recent round of cutbacks, Homepoint has contracted its labor force from around 4,000 specialists in the late spring of 2021 to around 1,000 in the fall of... Read More

The Fannie Mae Home Purchase Feeling Index® (HPSI) diminished from 0.8 focuses in August to 62.0, its 6th successive month-to-month decline, as high home costs and raised mortgage rates keep... Read More

In August, US foreclosures reached pre-pandemic levels nationwide, according to the latest US foreclosure market report published by ATTOM. There were a total of 34,501 properties in the United States with... Read More

Amongst many other federal agencies, one of the most important agencies that work toward the development of rural areas is the United States Department of Agriculture. Many people may know... Read More

Many borrowers pay personal insurance as part of their monthly mortgage payments. Private mortgage insurance (PMI for short) is usually required for homeowners with less than a 20% down payment to... Read More