Mortgage News

2024 Mortgage Forbearance: End Dates and Extension Options

Is Your Mortgage Forbearance Ending Soon? At the peak of the pandemic, mortgage forbearance served as an essential support for millions of homeowners. However, many who participated in a CARES Act forbearance program have now seen their plans come to an end. If your forbearance period is approaching its end, there are several repayment options […]

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39% of homebuyers are unable to afford a 5% down payment.

Decreasing affordability For those tracking the housing market, the past few years have been a battleground for homebuyers. Intense competition and limited housing supply caused prices to skyrocket. As affordability worsened, fewer buyers were able to save enough for a down payment compared to pre-pandemic times. In 2022, almost 40% of potential buyers were unable

39% of homebuyers are unable to afford a 5% down payment. Read More »