
Image Caption: Proponents need 60 percent of voters in Tuesday’s election to agree to reduce property taxes for the proposed Amendment 3 to pass.

Image Caption: The Polk Gulch neighborhood in San Francisco. A proposal on the ballot in California would authorize $11.25 billion in bonds to build and preserve affordable homes.
Zillow’s lending department, known as Zillow Home Loans, or ZHL for short, just rolled out a way for eligible home buyers to get an FHA loan with no money down. Typically, you need a minimum 3.5% down payment to qualify for an FHA loan. But Zillow wants to remove a common hurdle that keeps home… Read More »Zillow’s New Zero-Down FHA Loan Comes at an Interesting Time
The post Zillow’s New Zero-Down FHA Loan Comes at an Interesting Time appeared first on The Truth About Mortgage.
Mortgage rates are a hair better today, with bond yields moving back below 5% on cooler-than-expected inflation. At last glance, the bellwether 10-year bond yield was down about six basis points to around 4.98%. That’s thanks to a mixed bag of economic reports released this morning, including PCE and GDP. The move also incorporates the… Read More »Mortgage Rates Catch a Small Break Despite Hot GDP
The post Mortgage Rates Catch a Small Break Despite Hot GDP appeared first on The Truth About Mortgage.