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Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 5 days agoTo give a simple example: let’s say a borrower has a home worth $500,000 and an outstanding $300,000...
Here Are Today's Refinance Rates: June 11, 2024—Rates Inch Down
Forbes· 4 days agoThe rate on a 30-year fixed refinance tumbled today. The averagerate for refinancing a 30-year fixed...
How the Federal Reserve affects HELOCs and home equity loans
Bankrate via Yahoo Finance· 3 days agoIf the Fed doesn’t move its fed funds rate significantly this year, fixed-rate home equity loans...
When will housing prices drop?
Yahoo Personal Finance· 2 days agoHouse prices are not going down yet; we’ll have to wait for federal policy and new home construction for prices to improve. Learn when housing prices...
Current National Refinance Rates: June 12, 2024—Rates Climb
Forbes· 3 days agoThe rate on a 30-year fixed refinance jumped today. The average rate for refinancing a 30-year fixed...
30-Year Fixed Refinance Ticks Higher: Today's Refinance Rates, June 13, 2024
CNET· 2 days agoLower mortgage rates may finally be on their way. To get the best rate, experts say to compare loan...
Mortgage rates dip below 7%, but meaningful declines are still months away
Yahoo Finance via AOL· 2 days agoNew mortgage applications increased 9% but remained 12% lower than the same week last year. ...
Current Refinance Rates: June 10, 2024—Rates Inch Up
Forbes· 5 days agoThe rate on a 30-year fixed refinance increased today. The average rate for refinancing a 30-year fixed mortgage is currently 7.59%, ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 days agoConsider a home equity loan or HELOC: While mortgage refinancing is on the wane, many homeowners are...
Mortgage experts offer advice for getting the best interest rate
Consumer Affairs· 2 days agoIn today’s dog eat dog housing market, being able to secure a lower mortgage rate can dramatically impact home affordability. From negotiating with lenders ...