The Federal Reserve Board maintains a web page with consumer information, including a section on home mortgages. The section covers topics such as finding the best mortgage and understanding ARMs.
Freddie Mac is a publicly held corporation chartered by Congress to increase the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions and credit unions, can make available to homebuyers and multifamily investors. This Freddie Mac site offers a step-by-step tutorial on the home buying decision process and the mortgage application process.
What happens after you complete the purchase process? This U.S. Postal Service site provides all kinds of tools and tips to help make the moving process easier.
Mortgage Professor- Frequently asked questions about mortgages, lenders, and rates, answered by Wharton Professor and nationally syndicated mortgage columnist Jack M. Guttentag.
Homeowners who refinanced their homes during the fourth quarter of 2011 either refinanced for about the same amount or actually brought cash to the table according Freddie Mac. Fewer than 15 percent of those who refinanced during the quarter increased their loan amount by 5 percent or more. This is the lowest percentage of "cash-out" borrowers in the 26 years that Freddie has been tracking the statistics. During those 26 years covering 1985 to 2010 the average percentage of cash-out borrowers was 46 percent. Thirty-seven percent of refinancing homeowners took out new loans of approximately the same size as the old loan but nearly half (49 percent) actually brought cash to the table, reducing the amount of the new loan to a median ratio of .74 of the old loan. The percentage of "cash-in" borrowers...(read more)
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Saying that the housing crisis struck right at the heart of what it means to be middle class, President Barack Obama has begun to flesh out the housing-related proposals he made in his State of the Union speech last Tuesday. He spoke this morning at Falls Church, Virginia about his housing plans, some pieces of which have already been put into effect by the Departments of Justice (DOJ), Treasury, and Housing and Urban Development (HUD) in the eight days since they were first announced. The President spoke only briefly and most of the information about his proposals comes from a Fact Sheet released by the White House just before his speech. The most ambitious part of the Administration's housing plan is the expansion of several existing programs to streamline refinancing for homeowners with...(read more)
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Mortgages Magazine- Provides mortgage news and consumer loan information on home purchases, refinancing, home equity line of credit, and debt consolidation.
MortgageFit- Online community bringing common borrowers, lenders, mentors, and attorneys together for a suited deal. MortgageFit is dedicated to helping common people make easy financial decisions related to mortgage loans.
Mortgage Mag- Information regarding mortgage lending, mortgage banking and more.
National Mortgage News- Provides reports, analysis, trends, and events that are shaping the mortgage industry.
National Financial News Services- Editorial mortgage and financial rate reporting service that supplies interest rate information to newspapers nationwide.
Mortgage Saver 101- Offering tools, knowledge, and resources including mortgage news, education and training, rates, and loan calculators.
MortgageDaily.com- Provides real estate finance industry news concerning mortgage fraud, leads and lawsuits. Also covers employment, net branches, and brokers.
Mortgage-Helper.com- Offers information for people with bad credit including, credit scoring, mortgage scams, debt consolidation, and more.
FHA.com- Featuring FHA home loan guidelines for HUD mortgage loans.
Fannie Mae Homepath- Home buyer and homeowner information, tools, and resources from Fannie Mae. Includes enhanced search tools to locate Fannie Mae's lender partners, tips on how to work with a real estate sales professional, and mortgage information, calculators, and worksheets.
Scotsman Guide- The leading resource for commercial and residential mortgage originators. Also offers free online search for wholesale mortgage lenders.
Mortgage Guide 101- Provides a glossary of terms and definitions related to mortgages.
Loan Library- Source for mortgage terminology, information, and guidelines.
EasierHomeLoans- Offers advice on home buying, interest rates, credit reports, the loan application process, and more.
Parkhill Report- Provides daily rate quotes, lender contacts, and more.
SmartLoanInfo- Featuring information on how to use the web effectively to help your new home or mortgage search. Provides loan calculators and a real estate news blog.
LendingTips.com- Find information on mortgage companies and loans. Also covers interest rates, providing tools and tips on mortgage financing.
Mortgage Loan Search- Offers information on credit and collateral, types of mortgages, online applications, pre-qualification and pre-approval, and money saving tips.
RE/MAX Mortgage Tools- Find useful tools to research buying a house or refinancing your current home mortgage. Inlcudes mortgage calculators, learning centre, and online applications.
Mortgage-Info.us- Features mortgage information on all types of home loans including home equity, debt consolidation, and refinance.
A1 Home Mortgage- Features mortgage loan, refinancing, and home equity loan information.
Equal Home Finance Bureau- Provides advice for saving money and avoiding predatory lenders and unscrupulous brokers.
DreamsFinanced.com- Real estate search site features ARM programmes, second mortgages, home loans, refinancing, debt consolidation, home equity lines of credit, and other loan products for California.
GoodFaithEstimate.biz- Find extensive information about good faith estimates. Includes GFE explainations, definitions, and advice on reading a good faith estimate.
Super Mortgage Search- Includes glossary, mortgage calculator, and other information to help choose the best mortgage, refinancing loan, and home equity loan.
Reverse Mortgage Monitor- Source for reverse mortgage information, including calculators, lender search, and news.
