Category: mortgage information

Home Shoppers Get ‘Extra Time to Find the Right Home’

July 20, 2018 © REALTOR® Magazine Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers. Mixed economic data this week prompted mortgage rates to remain in mostly a holding… Read More

FEMA Changes Encourage Private Flood Insurance

Daily Real Estate News | Friday, April 13, 2018 <!– –> In the absence of legislative reform by Congress, there’s only so much the Federal Emergency Management Agency can do to encourage the growth of private flood insurance…. Read More

Independent Bank To Acquire Traverse City State Bank

By Beth Milligan | Dec. 5, 2017 Independent Bank Corporation (IBC) announced Monday it is acquiring Traverse City State Bank. According to a press release announcing the news, Traverse City State Bank will be consolidated into the IBC… Read More

30-Year Mortgage Rate Hits New 2017 Low

30-Year Mortgage Rate Hits New 2017 Low Daily Real Estate News | Friday, August 25, 2017 <!– –> Borrowers applying for a 30-year fixed-rate mortgage this week locked in the lowest rate of the year, as it dropped… Read More

Calculator for Buyers: Purchase Now or Save More?

Daily Real Estate News | Monday, April 10, 2017 <!– –> While nearly 40 percent of aspiring homeowners believe they need to put down 20 percent on a home purchase, the truth is the average down payment was… Read More

Mortgage Rates Move Down Again

Daily Real Estate News | Friday, January 20, 2017 <!– –> For the third consecutive week, fixed-rate mortgages edged down, lowering borrowing costs for buyers and refinancers. Freddie Mac reports the following national averages with mortgage rates for… Read More

Families Can Get $11,000 More In Loan Funds

Posted in Mortgage Financing, by Robert Freedman on December 19, 2016 5Share Interest rates are inching up and credit can still be hard to get but there is one bright spot for households hoping to buy a home… Read More

Freddie Mac Tests Less-Stringent Loan Program

Daily Real Estate News | Wednesday, September 21, 2016 <!– –> In a new pilot program, Freddie Mac and two non-bank lenders are easing income and documentation requirements for mortgage borrower applicants. Meeting Buyers Halfway FHA Condo Relief… Read More