30+ Methods You Can Use Right Now
Mortgage Q&A: “How to pay off the mortgage early.” If you’re looking to pay off your mortgage quickly, now might be a good time to do so because mortgage interest rates are no longer rock bottom. However, if you’ve had your existing mortgage for a while, there’s a good chance your current interest rate is […]
RocketRentRewards Offers 10% Back on Rent to Use Toward Closing Costs on a Home Purchase
In a bid to help more renters make the leap to homeownership, Rocket Mortgage has launched a new program called “RocketRentRewards.” As the name suggests, you can now earn rewards simply for paying your rent each month. Specifically, renters get 10% of their rent for the past 12 months as a credit toward closing costs. […]
Can You Use a Credit Card for a Down Payment on a House?
One of the biggest hurdles to homeownership is the down payment. After all, the typical American has barely anything in the way of savings. At last glance, the median amount in a transaction account such as checking, savings, or similar was just $8000, per the Federal Reserve. And for those 35 and under, just $5,400, […]
Home Builders Urge Trump to Rethink Tariffs That Could Drive Home Prices Up Further
If you haven’t heard, the Trump administration imposed tariffs on imports from Mexico, Canada, and China today. As of February 1st, there is a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese goods. At issue with the Mexican and Canadian tariffs is the impact it might have on the […]
Housing Inventory Expected to Normalize by Mid-2026
It’s no secret for-sale inventory has been in short supply for a long time now, making it increasingly difficult to find your dream home. The supply of available homes fell considerably when the pandemic took hold, though since bottoming around early 2022, it has risen at a fairly steady clip. The obvious driver of increased […]
Can You Refinance an Adjustable-Rate Mortgage?
If you have an adjustable-rate mortgage you’re looking to get out of, the good news is it’s usually as simple as applying for a refinance. The bad news is the interest rate might be a lot higher today, assuming you locked in a super-low rate several years ago. This has been a common scenario lately, […]
Better Forever Program Waives Loan Origination Fees for Life
A new loyalty program has been launched by Better Mortgage that waives loan origination fees for life. Known as the “Better Forever Program,” it rewards customers by removing these fees when they refinance in the future or purchase a new property. While these fees can vary by bank or lender, it’s not uncommon to see […]
What Is Mortgage Matchup? And Why Did UWM Create It?
If you’ve seen commercials for “Mortgage Matchup” lately, perhaps during an NBA game, or on the court itself, you might be wondering what they’re all about. This is actually an interesting question and answer because they are a company that doesn’t work directly with the public. Yet they advertise directly to consumers all the time, […]
Trump Wants to Lower Mortgage Rates without the Fed
You’ve likely heard that one of President Trump’s goals is to lower mortgage rates. He talked about it on the campaign trail before he got elected, and has continued to call for lower rates since winning the election. Like most others, he is well aware that housing affordability is poor today, and that bringing down […]