New Rules Could Change Your Jumbo Mortgage Options
In response to the housing crisis, the Consumer Financial Protection Bureau, acting under the Dodd-Frank financial reform bill, now requires the majority of mortgages to be "qualified" by specific standards. If you're in the market for a jumbo loan …
Read more on Huffington Post (blog)
Mortgage rates slip for second week
WASHINGTON (MarketWatch) — Mortgage rates fell for the second week, mortgage buyer Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 4.39%, down from 4.41% last week but up from 3.42%. The 15-year averaged 3.44% vs 3.45%, …
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National approach to elevating consumer understanding of mortgage risks
TORONTO, Jan. 27, 2014 — /CNW/ – The Mortgage Broker Regulators' Council of Canada (MBRCC) is helping consumers across the country gain a better understanding of the risks and responsibilities related to obtaining a residential mortgage. They have …
Read more on Sacramento Bee
New Rules Could Change Your Jumbo Mortgage Options is a post from: Best Home Mortgage
