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HECM study examines borrower trends over two decades - HousingWire
HousingWire· 9 hours agoThe study, released late last year, examined three core elements of HECM program effectiveness...
Mortgage rates fall for a second straight week
Consumer Affairs· 7 days agoHome affordability might have slightly improved this week. Freddie Mac reports mortgage rates appear to have reversed course, at least for now. “
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 6 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
HUD publishes several changes to reverse mortgage handbook section - HousingWire
HousingWire· 3 days ago“Today’s update clarifies instructions, adds new guidance, and incorporates previously published ...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 5 days agoTo the dismay of would-be homebuyers, property prices just keep rising. It seems nothing — not even...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 14 hours agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 9 hours ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
New-Home Construction Rebounds in April Despite Higher Mortgage Rates
San Francisco Chronicle· 5 days agoConstruction of new homes ticked up last month despite higher mortgage rates, partly reversing a...
Vacation-Home Buyers Retreat Amid Soaring Interest Rates
Benzinga via Yahoo Finance· 7 days agoMortgage applications for vacation properties plummeted 40% in 2023, according to a Redfin report...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days ago“There are only a few times that we had huge drops in mortgage rates,” said Orphe Divounguy, a...