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Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 1 day agoThey might refinance for a $400,000 mortgage and receive the $100,000 difference as cash. Of course,...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 1 day agoHome equity is near all-time highs. Total home equity for U.S. mortgage holders rose to more than...
Housing market hit hard by high mortgage rates
Newsweek· 7 days ago(MBA). The depressed activity in the mortgage market came amid rising costs of home loans, Mike Fratantoni, MBA's chief economist, said in a note shared...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune· 1 day agoAs the season winds down, mortgage applications, pending home sales, existing home sales, and listings for the last few months have all generally reflected that sentiment.
Americans with adjustable mortgages could soon see their payments skyrocket
Fox Business via Yahoo Finance· 7 days agoHundreds of thousands of U.S. homeowners who took out adjustablemortgages in 2019 could soon see...
Mortgages Haven't Been This Unpopular In 23 Years
Investopedia· 6 days agoThe last time people took out as few mortgages as they did in the first quarter, some folks were still writing the year with a “19” by accident. Lenders...
US Home-Purchase Applications Fall by Most Since Early April
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Mortgage applications for home purchases in the US slid last week by the most since...
Housing Market Continues To Slow As Mortgage Applications Decrease
Benzinga· 5 days agoMortgage applications declined 5.2% for the week ending May 31, with adjustments accounting for the...
Newrez to lay off another 317 workers in Greenwood Village
Denver Post· 5 days agoMortgage lenders came under intense financial pressure after the Federal Reserve began raising...
They bought homes with the intention to refinance. Now they’re stuck
Detroit News· 5 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...