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Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
FOX Business· 6 hours agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 8, which is 0.135 percentage...
How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 5 days agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...
How to shop for a mortgage without hurting your credit score
Bankrate via AOL· 6 days agoIf you need to dispute anything, contact the credit bureau right away. In the meantime, be sure to...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 2 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How to get a mortgage in 2024: From prepping finances to closing
Yahoo Personal Finance· 1 day agoFederal government-backed loans like FHA loans, USDA loans (guaranteed by the U.S. Department of...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 5 days agoCredit score Here are the minimum credit scores needed based on loan type: Loan type Minimum credit...
HUD and FHA announce new appraisal bias protections - HousingWire
HousingWire· 7 days agoThe U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 2 days ago...Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association...
How Reverse Mortgages Work
Investopedia· 3 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity in their home without making...
Ready to Build the House of Your Dreams? Here’s How to Finance the Project in 12 Steps
Bob Vila via Yahoo Finance· 5 days agoUnderstanding how construction loans work can help home builders secure land to build their house...