No Down Payment FHA Loans?

By: ameer@trustedteam.com

September 18, 2023 Are there no down payment FHA loans? Some borrowers feel the pinch when trying to save up for closing costs, inspections, and the required minimum investment FHA loan...

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Housing inventory gone wild

By: ameer@trustedteam.com

Some of the volatility with new listings data has also hit the active listings data. Two weeks ago, active listings grew by 343; this week, active listings grew by...

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Blend’s new AI-powered chat tool isn’t like the others

By: ameer@trustedteam.com

Mortgage tech firm Blend Labs has launched its first AI-powered chat tool, which it says will allow loan officers to be more efficient and offer a far more personalized...

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The green mortgage wave: How sustainable mortgages are changing the game

By: ameer@trustedteam.com

If you’re currently in the market for a mortgage, you’ve likely heard the buzz around sustainable or ‘green mortgages.’ With the growing...

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Ask the expert: Remortgaging in later life – what are my options?

By: ameer@trustedteam.com

What are the remortgaging options for retirees who would like to build an extension? Mark Gregory, our equity release expert, has a few ideas to help a reader who...

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Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

By: ameer@trustedteam.com

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal...

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US government to sell off $13B of mortgage bonds from failed banks Signature and SVB

By: ameer@trustedteam.com

The U.S. government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year. First...

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Participation in office loan trips up New Jersey bank

By: ameer@trustedteam.com

Enjoy complimentary access to top ideas and insights — selected by our editors. OceanFirst headquarters in New Jersey. In a regulatory filing, OceanFirst stated that the troubled...

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Homes were overvalued in 82% of U.S. metro areas in 1Q: Fitch

By: ameer@trustedteam.com

Houses were overvalued in 82% of U.S. metropolitan statistical areas in the first quarter, but that is actually down from 88% for the prior period, a Fitch Ratings analysis...

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What You Should Know About FHA Energy Efficient Mortgages

By: ameer@trustedteam.com

September 15, 2023 The FHA Energy Efficient Mortgage (EEM) loan program was started back in 1992 as a pilot program in five states. A few years later, the program was...

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