Mortgage underwriting is often an automated process — software decides whether you are approved, rejected or asked for additional information. Credit score is the most important factor in determining ...
Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...