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Average long-term U.S. mortgage rate climbs above 7% to highest level since late November
Newsday· 4 days agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 6 days agoThe typical person purchasing today’s median-priced home for about $420,000 has a record-high $2,864 monthly housing payment with a 7.1% mortgage rate,...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 4 days agoCan a home loan go underwater? Yes, a home loan can go underwater, especially if home values drop in your area and you end up owing more than the home is...
What is Home Equity?
Bankrate via Yahoo Finance· 6 days agoFor the average borrower, that’s a gain of $24,000 in their ownership stake. Also, mortgage rates have risen significantly since the pandemic years,...
Was your mortgage loan application denied? 9 steps to take
CBS News· 6 days agoFor many aspiring homebuyers, the dream of homeownership has become increasingly difficult to attain...
Weitz Fixed Income Insights: Great Expectations
GuruFocus.com via Yahoo Finance· 7 days agoHigher for longer...benefit shorter duration asset-backed securities (auto, consumer, equipment) given their 1-2 year weighted average life profile and...
11 Tips to Get Approved for a Mortgage
Insider Monkey via Yahoo Finance· 4 days agoIn this article, we will be navigating through the 11 tips to get approved for a mortgage. If you wish to skip our detailed analysis, you can move...
Today’s Refinance Rates April 26, 2024: Rates Up
Newsweek· 3 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.29%, compared to 7.25% a week earlier. For borrowers who ...
What Is An Interest-Only HELOC?
Consumer Affairs· 4 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
3 smart home equity moves to make before the Fed's April Meeting
CBS News· 7 days agoWhen making smart financial decisions, timing plays a key role. With inflation still stubborn and...