Articles by Peter Miller - Page 3

VA mortgage fees and loan limits will change on January 1, 2020. Some vets will pay more while others will pay less. Here's how VA loan changes affect you.

There are a number of VA loan service requirements. They determine how much borrowers pay to use the VA mortgage program. VA-qualified borrowers can obtain mortgage financing with very advantageous terms. So how do the advantages (and eligibility requirements) of a VA loan stack up against USDA and FHA loans? Let's find out.

In select areas, the FHA 203k rehab loan limit will rise from $35,000 to $50,000. Learn where to find these "Opportunity Zones" and how to buy in one.

The housing shortage is a problem in many communities, but not all. For some it's actually good news. Here's how the 2019 housing shortage could affect you.

The military loan for homebuying, of VA mortgage, is a great benefit for eligible families. However, it's not the only loan available. There are private and other government-backed loans as well.

FHA mortgage insurance will remain steady in 2020. Here's what that mean for homeowners and home buyers. Some can still get rid of FHA MIP this year.

Mortgage rate predictions for 2019 were wildly incorrect. Rate forecasts for 2020 look good, but global economic changes could shake predictions next year.

Rising mortgage rates might not be as big of a deal as they seem. Anxious buyers could actually be missing out on great deals right now. Here's why.

Knowing the difference between Fannie Mae and Freddie Mac can help you get approved for a mortgage. Here's what you need to know.

For millions of Americans, Fannie Mae has a lot to do with whether or not you qualify for a mortgage and how much you'll pay. Here's what you should know.

For millions of Americans, Freddie Mac has a lot to do with whether or not you qualify for a mortgage and how much you'll pay. Here's what you should know.

Is a credit card or personal loan the better way to cover an expense, especially an emergency bill that comes out of nowhere?

Buyers may soon be able to opt out of the home appraisal when they apply for a mortgage. That may save hundreds of dollars, but id skipping the appraisal a good idea?

Should you get a personal loan for medical bills? Be careful. You may face demands for money you don't owe. Here's what to do with unfair medical billing.

Debt-to-income requirements can make it harder to get a mortgage if you have lower income or live somewhere expensive. A new rule in 2020 could change that.

The world of finance is built in large measure on the installment loan. The odds are overwhelming that you have or will have an installment loan in your life.

The Fed is feeling pressure to lower bank rates at this week's meeting. Learn how Trump and others are influencing the Fed, and how this might affect you.

If the Fed decides to cut the federal funds rate at this month's meeting, consumers could see savings reflected in mortgage rates and elsewhere.

New FHA condo mortgage changes that begin in mid-October will make condo buying easier for buyers with small down payments and less-than-perfect credit.

One in three borrowers avoids mortgage rate shopping. It's a mistake that can cost thousands of dollars according to new government research.