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When will home equity rates fall? These 2 things need to happen first, experts say
CBS News· 21 hours agoThe Federal Reserve has kept interest rates high for the last few years, hoping to tamp down...
Why Your High Home Equity Might Be Hard to Tap. 6 Ways To Access That Money
GOBankingRates via Yahoo Finance· 3 days agoThe good news for homeowners in 2024 is that home equity is at a record high in the US. The bad...
70-Year-Old Widow With Cancer Finds Out She Has $120,000 In Hidden Credit Debt After Husband's...
Benzinga via Yahoo Finance· 43 minutes agoA 70-year-old widow from Long Island, New York, recently turned to the Internet for financial advice after her husband's sudden death, which left her with $120,000 in credit card debt. Her situation ...
Mortgage rates today, June 12: Rates hold still
Yahoo Personal Finance· 6 days agoThese are today's mortgage rates. Rates are staying high, so potential buyers may find that waiting for rates to drop isn't worth it. Lock in your rate...
How to invest in real estate with little money
Yahoo Personal Finance· 7 days agoFor example, if your home is worth $400,000 and you owe $250,000 on your mortgage, many lenders would calculate the amount you can borrow as follows:...
Loan originations remain on downward trend in Greensboro area
Greensboro News & Record· 5 days agoThe volume of loan originations in the Greensboro-High Point metro area reached a six-year low during the first quarter, according to research firm Attom Data Solutions. For ...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via Yahoo Finance· 6 days agoIn 2021, the average rate was just 9.38 percent, when the fed funds rate was near zero. Besides...
What Credit Score Do You Need for a Personal Loan?
Time Magazine· 5 days agoThe lowest possible credit score you can have is 300. Most minimum credit score requirements for personal loans range from 600 to 700, while the best...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 6 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At its June 2024 meeting ...
Figure Launches TBA Market For Non-Agency Loans
National Mortgage Professional· 6 days agoWith Figure Connect, originators can receive forward commitments from buyers, lock active bids, control loan pricing to balance profitability and volume, and deliver pools ...