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How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 6 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At ...
What Credit Score Do You Need for a Personal Loan?
Time Magazine· 5 days agoThe lowest possible credit score you can have is 300. Most minimum credit score requirements for personal loans range from 600 to 700, while the best...
Mortgage rates today, June 12: Rates hold still
Yahoo Personal Finance· 6 days agoThese are today's mortgage rates. Rates are staying high, so potential buyers may find that waiting for rates to drop isn't worth it. Lock in your rate...
Untapped home equity offers financial flexibility
The Spokesman-Review· 4 days agoFor established homeowners, their house is likely their greatest asset and, perhaps, their greatest source of financial flexibility. Home equity loans...
Deep in debt? Personal finance experts offer some solutions.
Consumer Affairs· 4 days agoThe rise in inflation since 2022 has pushed millions of Americans deeper into debt. With two years...
How to invest in real estate with little money
Yahoo Personal Finance· 7 days agoMany house flippers use hard-money loans to finance home purchases. A hard-money loan is a short-term loan where the property you’re purchasing serves as...
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage...
FOX Business· 18 hours agoFreddie Mac wants to offer second-lien mortgages to help homeowners locked into lower-interest-rate...
Will home equity loan rates decline this summer? Experts weigh in
CBS News· 5 days agoAfter all, taking on new debt at a time when inflation and interest rates are still high could have...
Why Your High Home Equity Might Be Hard to Tap. 6 Ways To Access That Money
GOBankingRates via Yahoo Finance· 3 days agoThe good news for homeowners in 2024 is that home equity is at a record high in the US. The bad...
Will home equity loan rates drop after the June Fed meeting? Here's what experts predict
CBS News· 7 days agoInflation dropped slightly in April to 3.4%, but is still below the Federal Reserve's target goal....