The experts we spoke to recommend budgeting 10% to 20% of the purchase price for upgrades. For older, vacant, or neglected ...

Conventional loans which are resold to Fannie Mae only allow buyers' DTI to go up to 50% - meaning that no more than 50% of their gross monthly income should be allocated to their total monthly debt ...

Appraisal Institute and MBA differ on FHA’s second appraisal rule for HECMs, with debate over risk, cost and modernization.

Research has shown that FHA buyers have been intentionally excluded from the housing market in the past. What’s surprising is ...

NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse ...

When comparing FHA and VA loans, the biggest differences come down to who qualifies and what you pay. An FHA loan is a ...

Holiday home shopping can mean better prices and motivated sellers — making now a great time to buy. Plus, top lenders for ...

Splitero reports that automated valuation models (AVMs) quickly estimate property values using data, offering speed and affordability over traditional appraisals.

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are ...

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...

Short-term rentals (STRs) have evolved from a niche investment strategy into a widely accepted and increasingly ...

Mortgage activity fell 3.8% from one week prior for the week ending Dec. 12, led by a 4% drop in refinance applications, the ...