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Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
FOX Business· 8 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage...
Is a no-closing-cost mortgage really cheaper?
CNN.com· 7 days agoClosing costs are a significant expense you’ll incur when buying (or refinancing) a home, typically totaling 2% to 6% of the mortgage amount — so the...
VA loans: What they are and how they work
Bankrate via AOL· 2 weeks agoVA home loans?VA loans can have term lengths of 10 to 30 years, with a fixed or adjustable rate. VA loan& ...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 9 hours 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 is an energy-efficient mortgage (EEM)and how can it save you money?
Bankrate via Yahoo Finance· 2 weeks agoEEMs are best for homeowners or homebuyers who want to reduce their...improvements. Generally, a...
Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via Yahoo Finance· 5 days agoVA loans for active or retired military service members and eligible family members carry no ...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 1 week agoCollege education: Tapping into home equity to pay for college can make sense if the refinance rate is lower than the rate for a student loan< ...
What is a loan-to-value ratio?
Bankrate via AOL· 2 weeks agoIf you find a $250,000 home, for instance, instead of the $500,000 one in the previous scenario, a $50,000 down payment will give you an 80 percent LTV...
Down payment assistance: How it works and how to get it
Bankrate via Yahoo Finance· 2 weeks agoYou can apply down payment assistance to many different types ofmortgages, including conventional,...
How to get a low-cost mortgage refinance
Bankrate via AOL· 1 week agoIt might make more sense to pay your closing costs upfront in a lump sum rather than doing something that increases the interest you’ll...be worth it —...
