Mortgage And Real Estate News

Wednesday, February 12, 2020

Credit Karma vs. Credit Sesame: Is One Better Than the Other?

Credit monitoring services like Credit Sesame and Credit Karma enjoy widespread popularity these days in the wake of numerous data breaches, but which one is better?

Read more... https://clark.com/credit/credit-karma-vs-credit-sesame/

Thursday, February 6, 2020

Mortgage rates fall to lowest level since 2016 — this could be the ‘last affordable’ spring home-buying season for a while, Realtor group warns

Mortgage rates have dropped to the lowest levels since before the 2016 presidential election.

Read more... https://www.marketwatch.com/story/mortgage-rates-fall-to-the-lowest-level-since-2016-could-this-be-the-last-affordable-spring-home-buying-season-2020-02-06

How Understanding Long-Term Care Can Expand Reverse Mortgage Business

Encouraging financial preparedness in later life is a core discussion point for people who work in the reverse mortgage profession, and industry literature is rife with examples concerning ways in which the wealth and savings of older Americans can often be unprepared to withstand and extend through a senior's retirement. One of the realities that older people often must contend with, regardless of the status of their retirements, is long-term care (LTC).

Read more... https://reversemortgagedaily.com/2020/01/05/how-understanding-long-term-care-can-expand-reverse-mortgage-business/

All Five Federal Mortgage Programs Should Treat Student Loan Debt the Same Way

Many of the 44.7 million Americans with student loan debt are also in their prime homebuying years. And more than 8 million of them use income-driven repayment (IDR) plans for their student loans, which require special calculations for determining mortgage lending.

Read more... https://www.urban.org/urban-wire/all-five-federal-mortgage-programs-should-treat-student-loan-debt-same-way


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