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Moody’s reaffirms ‘above-average’ quality rating for reverse mortgage servicer Celink - HousingWire
HousingWire· 1 week agoBond credit-rating organization Moody’s Investors Service has reaffirmed its “above-average” rating...
The month in reverse mortgage rates: June 2024 - HousingWire
HousingWire· 1 week agoAlmost all Home Equity Conversion Mortgages (HECMs) originated today utilize the adjustable-rate ...
Beyond the Basics: 10 Powerful Benefits of Reverse Mortgages
TheStreet.com· 2 weeks agoWhat would retirement be like if you didn’t have to make a monthly loan payment? Imagine the financial freedom you could achieve if you no longer had to make a monthly mortgage</ ...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 1 week agomortgage holders were locked in at rates more than three percentage points below the current market ...
How to find the best FHA mortgage lender
Bankrate via AOL· 6 days agoAfter that, the rate periodically adjusts. Home equity conversion mortgage (HECM): The HECM is a type of reverse mortgage< ...
Find competitive rates for HELOCs in June 2024
CNN.com· 2 weeks agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Chicago· 6 days agoHomeowners with mortgages have $17 trillion in home equity, near a record high, according to...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 4 days agoHistory bears this out. In the 1980s, mortgage rates soared as high as 18 percent, yet Americans...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 2 weeks agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest ...
Open Mortgage has FHA direct endorsement authority terminated in Iowa - HousingWire
HousingWire· 5 days ago“HUD placed Open Mortgage on credit watch for the Des Moines HOC [homeownership center], which only...