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Mortgage-bond funds haul in billions in April
Market Watch· 22 hours agoThe five days of trade ending on May 1 saw $717.3 billion of inflows to mortgage-backed securities bond funds, adding to the $3.72 billion monthly tally...
Daily mortgage rates for May 3, 2024: Rates end week elevated but calm after Fed rate pause
AOL· 23 hours agoThe current average rate for a 30-year fixed mortgage is 7.36% for both purchase and refinance — down 1 basis point from 7.37% for purchase and down 2 basis ...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 2 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 2 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 3 days agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 days ago“Don’t fall into the trap of using an adjustable-rate mortgage as a crutch of affordability,” he...
Current National Refinance Rates: April 30, 2024—Rates Fall
Forbes· 4 days agoThe rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.76%, according to Curinos ...
How often can you refinance your home?
Bankrate via Yahoo Finance· 5 days agoRefinancing costs add up, and it’s a time-consuming process. But if you qualify for a rate that’s much lower than what you have now, you can save...
5 ways to lower your mortgage payment right now
CBS News· 2 days agoIf that's your experience, it may help to rethink one of the largest monthly expenses most people have — your mortgage. The median monthly mortgage...
72% of aspiring Canadian homeowners are waiting for rate cuts before buying: BMO
Retail Banker International via Yahoo Finance· 4 days agoClimbing Climate Considerations: 39% of Canadians...their homebuying decisions. The Cost of...