Lenders & Mortgage Brokers Forum | BiggerPockets
Nov 3, 2024 · DSCR loans for $50-$80k purchase price. The BiggerPockets Forums are the most active & comprehensive place for investors to find questions & answers or real estate discussions. Join the conversation today!
Real Estate News & Current Events Forum | BiggerPockets
Nov 6, 2024 · How You Can Scale Your Rental Portfolio Without Losing Track of Your Finances (www.biggerpockets.com) The BiggerPockets Forums are the most active & comprehensive place for investors to find questions & answers or real estate discussions. Join the conversation today!
BiggerNews: What Happens to The Housing Market if Mortgage …
Jun 28, 2024 · And last update here is that as of today, according to Mortgage News Daily, the rate on a 30 year fixed mortgage is just above 7%. Other than those couple updates, the conversation and contents of this episode are just as relevant right now as they were back in April, and they might even be more relevant because interest rates have stayed high ...
Mortgage Rates Fell Last Week as a Recession Looms
Nov 13, 2023 · As of November 8, 30-year fixed mortgage rates went down by 0.25% from the previous week, according to the Mortgage Bankers Association (MBA) weekly survey. MBA data showed average 30-year mortgage rates at 7.61%, as opposed to 7.86% on November 1 and 7.9% on October 25. Daily data from Mortgage News Daily shows that 30-year rates have …
BiggerNews: Mortgage Rate Mayhem and New Rules That
Mar 6, 2023 · BiggerNews: Mortgage Rate Mayhem and New Rules That Could RUIN BRRRR. Written on March 06, 2023 by The BiggerPockets Podcast. In this month’s BiggerNews, the mortgage rate rollercoaster continues, ChatGPT tries to take your job, Facebook tells investors to get lost, and David discusses his love-hate relationship with Jack in the Box.
$6.2 Billion In Potential Savings Slipped Away Last Week—How …
Oct 16, 2024 · According to Zillow’s metrics, even the relatively small fluctuations in rates translate into 275,000 borrowers missing out on potential refinance savings, or ‘‘a total five-year loss of more than $6 billion combined for those homeowners.’’. The often-quoted rule of thumb in the real estate industry is that if mortgage rates drop one ...
BiggerNews: Why Low Mortgage Rates Can’t Solve Our
May 9, 2024 · BiggerNews: Why Low Mortgage Rates Can’t Solve Our Affordability Crisis. Written on May 09, 2024 by The BiggerPockets Podcast. Housing prices won’t budge, but there could be some relief on the horizon for homebuyers. As America’s affordability crisis continues to strain consumers, one of the most considerable costs, housing, is much to blame.
What is a Mortgage Broker? - BiggerPockets
Dec 18, 2023 · A mortgage broker is the middleman between mortgage borrowers and mortgage lenders. They do not use their own capital to originate loans. Instead, a mortgage broker connects lenders with borrowers based on the needs and financial situations of both. They do this by identifying the best mortgage for each unique borrower.
Has anyone tried out Roam (Assumable mortgage startup)
Oct 4, 2022 · Private Lending & Conventional Mortgage Advice. Has anyone tried out Roam (Assumable mortgage startup) Ali Nichols Poster. Investor. Posted about 1 year ago. Has anyone used or had a conversation with Roam (withroam.com). Interesting concept on the assumable mortgage front. I'd be curious about your experience. 2 Votes.
Broker requesting 401k statement for a mortgage loan.
Jun 12, 2016 · Broker requesting 401k statement for a mortgage loan. I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, tax returns ect...) I was also asked to provide a copy of my most recent ...