FirstHome IQ, a nonprofit focused on homeownership and financial literacy education, has expanded its ambassador program and now has 60 mortgage and real estate professionals who donate a portion of every loan to further this mission.The nonprofit, founded by industry leaders Kristin Messerli, Dave

If you buy a house now, it can take up to 13.5 years to make a profit on your purchase. However, you can shorten the loan process and reduce total interest paid.

Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a better market to buy a home. According to Bank of America’s 2023 Homebuyer Insights report, only 62% of prospective homebuyers are willing to wait for home pri

Freddie Mac rolled out standardized subordinate lien documents for subordinate mortgages offered by down payment assistance (DPA) providers to facilitate easier and greater use of DPA program.Historically, subordinate-lien documents for various DPA programs have been housing finance agency (HFA)-spe