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Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways Mortgage recasting allows you to pay a lump sum toward your mortgage in order to reduce your remaining monthly payments and interest. When...
Mortgage rates today, May 9, 2024: Rates move lower for the first time in weeks
Yahoo Personal Finance· 3 weeks agoThe average 30-year fixed mortgage rate has ended its five-week increase, now sitting at 7.09%. The...
Today's mortgage rates are a bargain compared with their all-time high
Las Cruces Sun-News via Yahoo Finance· 9 months agoOn Thursday, Aug. 24, Freddie Mac announced that the interest rate on the 30-year fixed-rate...
What does PITI mean, and how does it affect your mortgage?
Yahoo Personal Finance· 1 month agoPITI is an acronym for the four factors that make up your monthly mortgage payment: principal,...
Mortgage Rates Are Sky-High. Is It Worth Buying Points to Lower Your Rate?
Motley Fool· 7 months agoImage source: Getty Images Signing a mortgage has become a really expensive prospect. The average...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 1 month agoSometimes, it’s hard to feel like you made a good investment by buying a home — especially if you owe more on your mortgage than your house is currently...
How Principal Financial’s CIO tackles the tech debt problem that’s vexing many big companies
Fortune via AOL· 2 months agoWhenever Principal Financial chief information officer Kathy Kay wants to tackle her company's tech...
Should You Pay Points to Get a Lower Mortgage Rate?
Mortgage Research via Yahoo Finance· 2 years agoWith mortgage rates near 20-year highs, some homebuyers are struggling to afford homes. The average rate for a 30-year fixed mortgage was 6.95% in...
Reverse mortgage pros and cons: What every senior should know
Bankrate via AOL· 3 months agoKey takeaways If you’re a homeowner aged 62 or older, a reverse mortgage can help you obtain...
What is a fixed-rate mortgage and how does it work?
Bankrate via Yahoo Finance· 6 months agoKey takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether it spans 30 years, 15 years, or any other...