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Estimated reading time: 4 minutes Side hustles are more popular than ever, and homeowners are among those looking for ways to bring in extra income. According to the Mortgage…
Author: Melissa Syphrett
We’re entering the heart of summer, so your air conditioner is probably running, putting your electricity bill top of mind. To that point, the U.S. Energy Information Administration…
Estimated reading time: 3 minutes Mortgage payments are an influential factor when it comes to family budgeting and spending, and it’s not unusual for them to change over time. If…
Estimated reading time: 5 minutes There were more than 18 million veterans in the U.S. in 2023, according to the Department of Veterans Affairs (VA). If you’re one, there…
Estimated reading time: 1 minute The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, was chartered by Congress in 1970 to expand the secondary market for…
Estimated reading time: 1 minute Mortgage insurance protects the investor if the borrower defaults on the loan. It lowers the investor’s risk when funding a home…
Estimated reading time: 1 minute The Federal National Mortgage Association (FNMA), known as Fannie Mae, is a government-sponsored enterprise set up to make mortgages available to…
Estimated reading time: 1 minute A payment deferral allows a lender or servicer to push a set number of missed monthly mortgage payments to the end of the loan. The deferred payments…