Nashua NH Mortgage Lenders Anxiously Awaiting Revisions

Nashua NH mortgage lenders are anxiously awaiting revisions to the “Know Before You Owe” mortgage disclosure rules. The Consumer Financial Protection Bureau (CFPB) – acting on a promise made this past April – recently released updates to the rules in response to the mortgage industry’s requests for better clarity on the regulations. However, there are […]

Nashua NH Mortgage Market: Deja Vu?

The Nashua NH mortgage market remembers – as do we all – the U.S. housing crash of less than a decade ago. One of the hallmarks of the crash was mortgage lenders who required little or no supporting documentation. When the housing market was booming, they were called “stated income” loans and were advertised as […]

Nashua Credit Scores Deter Young Borrowers

Nashua credit scores are a genuine concern among a growing number of young consumers considering entering the home buying market. First-time home buyers that could potentially exchange their rent payments for equity-building house payments are remaining on the sidelines. They are fearful their credit scores may not be good enough to qualify for a mortgage. […]

Nashua Mortgage Rates – Find the Best

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Nashua mortgage holders agree, a mortgage is probably the single largest financial obligation most American homeowners will ever assume. Unlike personal loans, car loans or other consumer loans, the interest rate on a home mortgage loan can add up to a substantial amount over the life of the loan. Conversely, the lower your mortgage interest rate, […]