Should You Become a Mortgage Broker?

Wearing two hats isn’t for everyone – but, for some, dual licensing offers an opportunity to earn extra income and bring more value to your relationship with buyers.

Average Mortgage Rates Increase

Rates on 30-year mortgages rose to 6.44% from 6.32% last week, according to Freddie Mac. Rates on 15-year mortgages rose to 5.63% from 5.41%.

New Hurricane Aid Available for Repairs

Operation Blue Roof, which provides free tarps for damaged homes, opened for applications, and HUD announced a 90-day foreclosure moratorium on FHA-insured mortgages.

Want the Best Mortgage Rate? Do This

Buyers should keep a close eye on their credit reports, control their debt-to-income ratio and maintain a strong employment record, among other things.

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