Home sales will accelerate, and the new President-Elect Donald Trump will occupy the Oval Office. Those are two predictions we can make with confidence about 2017. As for mortgage rates, who knows? They were low throughout 2016, spiked higher after the election, but are still low by historical standards. They could remain low in 2017, […]
This rule basically combines four forms into two new forms, with the idea of making it easier for consumers to locate key information, such as interest rate, monthly payments, and cost to close the loan: Good Faith Estimate (GFE) and the initial Truth-in-Lending disclosure (initial TIL) have been combined into “Loan Estimate” form. HUD-1 and […]