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Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 1 day 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...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 2 days agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
The Wall Street Journal· 7 days agoAir Force. Whenever he was relocated within the U.S., he bought a new home and rented out his old...
72% of aspiring Canadian homeowners are waiting for rate cuts before buying: BMO
Retail Banker International via Yahoo Finance· 4 days agoRe-examining Refinancing: Nearly three quarters (74%) of homeowners who plan to refinance their home...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Gannett via AOL· 1 day agoIn particular, he said, Rocket took that market share away from...We believe we can, and will,...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 1 day agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home
American debt stings like never before in new era for households
The Salem News· 9 hours agoCimino, the Denver condo buyer, says despite her debt load, she feels lucky that she makes $65,000 a year and owns a home — a situation that leaves her better off than many ...
The HELOC dam is opening. Are you ready? - HousingWire
HousingWire· 4 days agoU.S. homeowners today are armed with a record amount of home equity nearly $32 trillion, according...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 2 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...