The Proposed 50-Year Mortgage: The Good, the Bad, and the Ugly
If you’ve been scrolling the news lately, you’ve probably heard about President Trump’s latest idea: a 50-year mortgage. That’s right—stretching your home loan from the usual 30 years to a whopping 50. The goal? Make monthly payments smaller so more people can afford to buy a home in this crazy market. Is it a smart…
Read MoreEmpowering Survivors: How Fannie Mae’s Homeownership Rules Open Doors for Single Parents This Domestic Violence Awareness Month
October is Domestic Violence Awareness Month—a time to shine a light on the strength of survivors, raise awareness about the resources available, and celebrate steps toward independence and safety. For many survivors, particularly single parents who have spent years as homemakers in challenging circumstances, rebuilding life often means finding stable housing. This year, a key…
Read MoreThe End of Trigger Leads: A Game-Changer for Homebuyers and the Mortgage Industry
If you’ve ever felt bombarded by unsolicited calls, texts, and emails from lenders right after applying for a mortgage, you’re not alone. That frustrating experience? It’s the result of “trigger leads”—a practice that’s just been dealt a decisive blow by Congress. In a landmark move, President Trump signed the bipartisan Homebuyers Privacy Protection Act (H.R.…
Read MoreHow VantageScore 4.0 Could Open Doors for More Homebuyers
Dreaming of owning a home but worried your credit history might hold you back? Great news: a game-changing update in the world of credit scoring could make homeownership more accessible than ever. Enter **VantageScore 4.0**, a modern credit scoring model that’s shaking things up for first-time buyers, young adults, and those with nontraditional financial profiles.…
Read MoreWhy President Trump’s Pressure on Jerome Powell Won’t Move the Needle on Interest Rates
Today, we’re diving into a hot topic making waves in the financial world: President Trump’s ongoing pressure on Federal Reserve Chair Jerome Powell to slash interest rates. If you’ve been following the news, you’ve probably seen the headlines—Trump’s calling for ultra-low rates, even suggesting Powell’s “termination cannot come fast enough.” But here’s the deal: as…
Read MoreBig Changes to Credit Scores: What They Mean for Your Home Loan
The mortgage world is changing, and new rules from the Federal Housing Finance Agency (FHFA) could affect how you get a home loan. As your trusted mortgage expert, I’m here to explain these updates in simple terms and show how they impact you as a homebuyer or homeowner. What’s Changing with Credit Scores? FHFA Director…
Read MoreHow to Cancel Your Private Mortgage Insurance
How to Cancel Your Private Mortgage Insurance (PMI): A Step-by-Step Guide If you’re a homeowner with a mortgage, you may be paying for private mortgage insurance (PMI), especially if you put less than 20% down when you bought your home. The good news? You might be able to cancel your PMI, saving you hundreds or…
Read MoreHow Tariffs in 2025 Could Shape the Housing Market: The Good, the Bad, and the Uncertain
As of April 2025, tariffs on imported goods—particularly from major trading partners like Canada, Mexico, and China—are officially in play. With President Donald Trump’s administration pushing forward on policies like 25% tariffs on steel and aluminum and a 10% levy on Chinese imports, the U.S. economy is bracing for change. One sector likely to feel…
Read MoreAre Home Prices Finally Dropping? Altos Research Weighs In on 2025 Trends
If you’ve been keeping an eye on home prices lately, you might be wondering if we’re finally seeing a shift. According to a recent article from HousingWire titled “Home Prices Dropping in Some States: Altos Research Data Signals a Shift in 2025,” there’s some intriguing movement happening in the U.S. real estate scene. The Big…
Read MoreHow Rocket Mortgage’s Acquisition of Redfin Could Reshape the Housing Market
On March 10, 2025, Rocket Companies, the parent of Rocket Mortgage, announced its intent to acquire Redfin, a leading digital real estate brokerage, in an all-stock deal valued at $1.75 billion. This move unites the nation’s largest mortgage lender with one of the most visited real estate platforms, promising to blend home search, brokerage, and…
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