Atlantic Coast Mortgage acquires Tidewater Mortgage
Atlantic Coast Mortgage LLC, a Fairfax, Virginia-based mortgage lender licensed in 40 states, has acquired Tidewater Mortgage Services Inc., a coastal Virginia lender serving the Mid-Atlantic and Southeast regions. The deal, announced on Monday, combines Atlantic Coast Mortgage’s technology-driven l
Housing inventory falls as demand picks up
Last week, housing inventory levels decreased noticeably, while our weekly pending sales showed a notable increase compared to the same period last year. Was the decrease in inventory primarily due to the seasonal decline in housing stock, or did the increase in demand contribute to lowering the inv
A 50-year mortgage could double your interest payment
In a social post on Saturday, President Trump floated the idea of a 50-year mortgage to boost housing affordability, but the idea got a frosty reception online. One reason is that stretching the loan term out that long ends up costing much more in interest over the life of the loan while only shavin
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