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Mortgage application volume fell 2.4% for the week last week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year, fixed-rate.
3 days ago. Lenders pushed “sub-prime” loans on people with poor credit. application or even strolling through an open house, you'll want to know these.
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Learn more about the seven documents you might need when applying for a home loan to prepare yourself for buying a house.
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The Process For Actually Applying For a Mortgage. Shortly after you apply for your loan, expect to receive a loan estimate (estimate of your closing costs) and a commitment letter (specific conditions of the loan) from your lender. At this time, you should avoid any major changes to your financial situation.