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HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 3 days agoOn April 26, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter...
Current National Refinance Rates: May 24, 2024—Rates Move Up
Forbes· 3 days agoThe rate on a 30-year fixed refinance climbed today. Refinancing rates for a 30-year, fixed-mortgage...
Majority of rates rise | Mortgage rates for May 24th, 2024
Bankrate.com· 3 days agoMortgage interest rates were mostly up versus last week, according to rate data collected by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo ...
Americans are trying to change their mortgages
Newsweek· 5 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...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 4 days agoThe median U.S. home sale price — what buyers actually paid for a property — reached $387,600 during...
Rates decrease | Current mortgage rates for May 23rd, 2024
Bankrate.com· 4 days agoAverage mortgage rates sunk across the board compared to a week ago, according to rate data collected by Bankrate. The movement of fixed mortgage ...
What is an unsecured loan?
Bankrate via AOL· 5 days agoThe lender won’t approve a secured loan if a borrower doesn’t agree to provide an asset as insurance. Secured loans exist for financing options...
Down Payments Rise From Pre-Pandemic Era—but You Don't Need To Put Down as Much as You Think
San Francisco Chronicle· 1 day agoHigher home prices and mortgage rates aren't the only rising numbers in the housing market since the...
16 first-time homebuyer mistakes to avoid
Bankrate via AOL· 6 days ago“Don’t become emotionally attached to a home that is not yours.” 5. Talking to only one lender First-time buyers often get a mortgage from the first (and...
What to do when your mortgage forbearance period ends
Bankrate via Yahoo Finance· 3 days agoIf the lender agrees to modify your loan once your forbearance ends, you’ll have to resume payments....