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OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 2 days ago“We expect that elevated interest rates and market volatility will result in continued higher...
Mortgages and loans to pay for home renovations
Bankrate via AOL· 3 days agoGetting one loan cuts down on time and closing costs. The loan money goes into a separate...
Advice | A year after paying off our 2.75% mortgage, we still have no regrets
Washington Post· 12 hours agoThough many readers say my husband and I would have been better served investing all those extra house payments, we chose peace of mind.
Pros and cons of a cash-out refinance
Bankrate via AOL· 3 days agoCash-out refinance pros and cons As with any financial decision, there are benefits and drawbacks to a cash-out refinance. Keep them in mind as you...
Weekly mortgage refinance demand revives as interest rates fall to 7-week low
CNBC· 3 days agoMortgage interest rates fell for the third straight week last week, sparking increased demand for...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 2 days agoIt's a second mortgage, which means an additional payment on top of the primary mortgage, and...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 4 days ago“They can look at other ways to lower expenses. They can also look at other home equity options that...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 4 days agoBy late 2023, that average rate had skyrocketed to 8 percent. While rates have come back a bit since...
Americans are trying to change their mortgages
Newsweek· 2 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage rates have been...
Falcone, Motwani’s Miami Worldcenter Scores $120M Refi
The Real Deal· 1 day agoMiami Worldcenter landed a $120 million refinancing, showing South Florida continues to buck the...