Mortgage rates are low. Here’s how to figure out the best plan for your budget

The recent drop in mortgage rates may have you dreaming of buying a new home or refinancing your current house. You’re not alone. Housing sentiment has surged thanks to those low rates, according to government-sponsored mortgage giant Fannie Mae. Its monthly survey, released Monday, shows that positive sentiment in March jumped to […]

Fannie Mae declares support for DACA mortgage borrowers

While it appears that the Federal Housing Administration may not be backing mortgages for Deferred Action for Childhood Arrivals recipients, Fannie Mae declared recently that it supports (and will continue to support) mortgages for DACA recipients, also called Dreamers. In recent weeks, HousingWire has been investigating whether the federal government is backing mortgages for Dreamers. In the wake […]

LIC Housing Fin ties up with India Mortgage Guarantee Corpn for home loans

LIC Housing Finance Ltd (LICHFL) on Monday said it has partnered India Mortgage Guarantee Corporation (IMGC) to offer home buyers enhanced loan eligibility and easy loans. With IMGC’s back-up, LICHFL will be in a position to offer extended loan tenure for borrowers till the age of 75 years. This will […]