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This week, the CFPB filed a joint Statement of Interest with the Department of Justice to protect homebuyers and homeowners from discriminatory home appraisals.

The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination

Cuando las tasas de interés son las más altas de los últimos 20 años, los propietarios de viviendas muy probablemente recibirán ofertas, o buscarán alternativas de hipotecas con tasa fija, que les ayuden a reducir sus pagos hipotecarios mensuales.

With mortgage interest rates elevated to levels not seen in many years, homebuyers are more likely to be offered, or seek out, alternatives to fixed-rate mortgages to help lower their monthly mortgage payments. Mortgage applicants should be aware of how these programs work to select the best option for their financial situation.

Mortgage interest rates have been rising sharply in recent months, impacting mortgage borrowers and applicants. Using quarterly HMDA data on closed-end home-purchase loans, we find that monthly payments and debt burdens (as measured by DTI) have increased, with a higher percentage of mortgage application denials reporting DTI as a reason for not qualifying.

Flooding, fire, drought, and other climate risks have always been a danger to property and safety. However, with the changing climate, these risks are increasing, impacting the probability of damage, cost of utilities, price of insurance, and potential resale value of homes.

The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.

The CFPB hosted a roundtable to discuss biases that come from home valuations, and explored how to remedy the problem.

La Estimación del Préstamo y la Declaración de Cierre le detallan los costos y términos específicos de cada préstamo al que usted haya aplicado. Le mostramos lo que debe saber sobre ellas y cómo leerlas correctamente.

Your Loan Estimate and Closing Disclosure explain the specific costs and terms of a mortgage loan that you have applied for – here’s what you should know and how to read them.   

Hay estafadores aprovechándose de ansiosos compradores de viviendas. Desconfíe de cualquier email que reciba con cambios de último minuto en las instrucciones para pagar o transferir el dinero del cierre.

Scammers are taking advantage of eager homebuyers. Beware of emails with last-minute changes to your payment or wire instructions. Follow a few easy steps to protect yourself and your life savings.

Let us walk you through each step in the mortgage process. 

Thinking about buying a home? Sign up for our Get Homebuyer Ready boot camp for helpful tips and tools through every step of the process.

A recent law provides additional protections for servicemembers affecting VA refinances, medical debt on credit reports, credit monitoring, and stays on foreclosure. Here’s what to look for in the new laws and when they go into effect.

Revisar su crédito es el primer paso para construir una base financiera sólida para su nuevo hogar.

Shopping for your mortgage can lead to real savings. To get the best interest rate you qualify for, here are a few things to consider.

Get ready to buy a home this year by visiting CFPB’s online resources.

How is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers. Your lender knows how your interest rate gets determined, and we think you should, too. Learn more about the factors that affect your interest rate.

As you search for homes and shop for a mortgage, you may find the homebuying process overwhelming at times. To help you take control, we’re sharing a few tools that can help you along the way.

Becoming a homeowner is a big decision—both personally and financially. As you decide whether owning a home is the right choice for you right now, here are some financial considerations to keep in mind.

If you want to buy a home but you’re concerned about your credit score or credit history, we can help you understand your choices.

While married couples make up the majority of home buyers, single women make up the next biggest segment of home buyers and outpace single men more than two to one. Whether you are buying your home on your own or with a partner, we have resources to help you make your move to home ownership this year.

Your down payment will affect not just how much money you need to bring to closing, but also how much your mortgage will cost overall.  Read on to find out what to consider when deciding your down payment.

Key things to keep in mind when you use a mortgage calculator to calculate your monthly mortgage payment.