When seeking a mortgage, you'll likely encounter two primary types of loans: conforming and non-conforming. Grasping the variations between these two can significantly impact your financing options. Conforming loans conform with guidelines set by Fannie Mae and Freddie Mac, making them more readily available. On the other hand, non-conforming loans

This guide will cover the rise in mortgage rates for seven consecutive weeks with no sign of a correction. Mortgage rates rise again for seven consecutive weeks, without signs of turning back. Mortgage rates hit record highs in April. Instead of a rate correction, rates increased in April to set all-time highs. Common sense dictates that if mortgag