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Home Improvement

Freddie Mac launches new home renovation mortgage, here’s how to get one

Freddie Mac announced a new loan product to help homeowners and homebuyers pay for home renovations. (iStock)

Freddie Mac on Thursday introduced its new mortgage product, the CHOICEReno eXPress mortgage, which will allow homebuyers and homeowners to pay for home renovations by funding the project through their

 
nikholas
August 20, 2021
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Home Improvement

Home improvement spending rose in 2020 despite mortgage disruptions

Renovation expenditures faced challenges last year, but managed to increase over 2019 and will likely climb further in 2021, according to a report published Thursday...

nikholas
March 29, 2021
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Business

Dave Ramsey: What happens if you want a mortgage but have no credit card or loans?

FOX Business’ Ashley Webster on mortgage rates and homebuyer activity. Editor's note: Money expert Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including...

nikholas
January 10, 2021
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Business

Top tips on how to get a mortgage if you’re self-employed

Securing a mortgage can sometimes be harder for the self-employed. Photo: PABritain’s housing market boomed throughout much of 2020, as the coronavirus-induced lockdowns and government...

nikholas
December 27, 2020
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Business

Finance of America Mortgage LLC — Moody’s affirms Finance of America Mortgage LLC’s assessment at Average, as an originator of conventional, conforming residential mortgage loans

Announcement: Moody's affirms Finance of America Mortgage LLC's assessment at Average, as an originator of conventional, conforming residential mortgage loansGlobal Credit Research - 04 Dec...

nikholas
December 4, 2020
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Home Improvement

Mortgage refinancing is hot, but using your home as an ATM is not

Mortgage rates have been sitting near record lows since the start of the coronavirus pandemic, and while millions of Americans have already refinanced their home...

nikholas
December 4, 2020
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Business

Finance of America Reverse LLC — Moody’s affirms Finance of America Reverse LLC’s assessment at Average, as an originator of prime jumbo reverse residential mortgage loans

Announcement: Moody's affirms Finance of America Reverse LLC's assessment at Average, as an originator of prime jumbo reverse residential mortgage loansGlobal Credit Research - 03...

nikholas
December 3, 2020
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Business

Lowest Mortgage Rates Ever Spur Historic Jump in Bond Supply

(Bloomberg) -- A deluge of supply has inundated the agency mortgage-bond market this year, as a plunge in lending rates triggered a wave of homeowner...

nikholas
August 9, 2020
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Business

ICE Buys Ellie Mae In $11B Cloud Mortgage Deal; Analysts Stay Bullish

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into an agreement to buy Ellie Mae, a cloud-based platform...

nikholas
August 9, 2020
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Business

BayView Commercial Mortgage Pass-Through Trust 2006-SP1 — Moody’s takes action on Bayview’s small business ABS

New York, August 07, 2020 -- Moody's Investors Service, ("Moody's") downgraded the ratings on three classes from two transactions of small business loans issued by...

nikholas
August 8, 2020
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