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‘A time machine to the low rates of the past’: Assuming someone else’s mortgage is growing in...
Moneywise via Yahoo Finance· 7 days ago“Assumables are a time machine to the low rates of the past,” Carrillo said. “As I ran......
Weekly mortgage refinance demand revives as interest rates fall to 7-week low
CNBC· 4 days agoTotal mortgage application volume rose 1.9% compared to the previous week, according to the Mortgage...
Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record
RISMedia Real Estate News· 3 days agoEditor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know...
Today’s Mortgage Rates for May 23, 2024: Rates Up
Market Watch· 3 days agoFor more details on how we compile daily mortgage data, check out our methodology here. While mortgage rates have dipped slightly over the past few weeks, they remain high enough to slow potential ...
What Would It Take for Homes To Be Truly Affordable for the Lower Middle Class?
GOBankingRates via Yahoo Finance· 22 hours agoThe median homeowner has a net worth ($396,200) nearly 40 times higher than the average renter...
Weekly mortgage refinance demand revives as interest rates fall to 7-week low
NBC Chicago· 4 days agoThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of...
Homeowners Seize Rate Dip To Restructure Mortgages
Benzinga via Yahoo Finance· 2 days agoA growing number of homeowners capitalized on the opportunity to refinance their mortgages for the week ending May 17, attracted by the most favorable...
Mortgage Applications Up for Third Week
RISMedia Real Estate News· 4 days agoThanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 20 hours agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
The best online banks in May 2024
CNN.com· 2 days agoOnline banking might seem like a 21st-century invention, but its seeds were planted decades ago. The Bank of Scotland in 1985 became the first bank to...