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Bankrate’s Interest Rate Forecast for 2024: Mortgages, credit cards and more will stay pricey, even...
Bankrate via AOL· 5 months agoThere’s a common saying about interest rates: They take the elevator down and the staircase back up....
Mortgage rate forecast April 2024: Fed’s uncertain timeline to keep rates at 7%
Bankrate via AOL· 2 months agoIt'll be difficult for mortgage rates to post a meaningful and sustained pullback from 7 percent...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
Mortgage points: What are they and how do they work?
Bankrate via AOL· 1 month agoKey takeaways Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate. Typically, one point costs 1...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 weeks agoThe Federal Reserve is keeping its finger on the pause button. The central bank raised rates 11...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
What income do I need to afford a $550K house?
Bankrate via Yahoo Finance· 7 months agoWith a budget of $550,000, you’re in pretty comfortable homebuying territory. The median national home price in September was well below that at...
41% of homeowners saved specifically for their first home. Here’s how renters can do the same
Bankrate via AOL· 1 month agoKey takeaways Saving for a house while also paying rent is challenging, but there are ways to cut...
The Gen Z and millennial’s guide to saving up to move out
Bankrate via Yahoo Finance· 11 months agoIf you’ve graduated from high school or college and are still living at home, you’re not alone. A...