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Rising Mortgage Rates and Loosening of Credit Standards in 2017

Experts believe that lenders will start to lower underwriting standards as increasing interest rates keep drying up refinances. Mortgage rates and housing prices are expected to go up this spring, and many experts believe it will leave lenders with a tough decision on how they will adjust to the decay of refinances and overall lending volumes. Read More

Battle Arena: Mortgage Brokers vs. Banks

Battle Arena: Mortgage Brokers vs. Banks

Chances are that you are thinking about getting a mortgage from either a broker or a bank. Do you know the advantages/disadvantages to both? There are mortgage brokers, who work as middlemen between the banks and you on the wholesale end to secure financing for homeowners. Then there are banks and lenders that cut out Read More