China’s banks raise mortgage age limit to octogenarians, dipping into pensions of elderly buyers to prop up sagging sales

The post FHA Cuts Mortgage Insurance Rates, Providing More Opportunity for First-Time and Low-Income Buyers appeared first on Weekly Real Estate News.

If you’re in the market for a new home, be aware that the upfront mortgage fees for Freddie Mac and Fannie Mae-backed loans have changed. Starting May 1, the fees dropped for borrowers with lower credit […]

  Mortgage demand took a massive hit last week, with application volume down a whopping 10.6% compared with the previous week as interest rates surged over 7% — their highest level since early December. According […]