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Property Transfers: Government-backed loans for first-time homebuyers harder to secure
Savannah Morning News via Yahoo Finance· 12 hours agoThis article is the second in a three-part series examining the challenges for entry-level...
Income requirements to qualify for a mortgage
Bankrate via Yahoo Finance· 8 hours agoKey takeaways There are no specific income requirements to qualify for a mortgage. To determine whether you'll qualify for the loan, lenders use your...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 14 hours agoThe U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV ...
Moore tornado 25 years later: Survivors remember devastation, pay forward support to Sulphur
Gannett via AOL· 6 days agoMOORE — There was much on people's minds on Friday — it was the 25th anniversary of the deadly...
A Way to Beat High Mortgage Rates? Take Over Someone Else’s Loan.
The New York Times via Yahoo News· 1 day agoHome prices were already high when Ellen Harper, a software architect living in Atlanta, started...
Fact Check Team: Why the 30-year fixed-rate mortgage is unique to the US
WJLA· 9 hours agoThe current rate for a 30-year fixed-rate mortgage is just over 7%, according to Freddie Mac, down...
More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 4 days agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 5 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 4 days agoFollowing an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination ...
Black Americans, Share Your Stories About Today's Housing Market
BuzzFeed via Yahoo News· 2 days agoThe most crucial part of building generational wealth in America is land ownership. Riska / Getty...