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How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 2 days agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 7 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
Iowa Adopts Mortgage Servicer Prudential Standards | JD Supra
JD Supra· 4 days agoEffective July 1, Iowa House File 2392 (the “Iowa Law”) enacts mortgage servicer prudential standards (codified in Chapter 535B of the Iowa Code) that largely follow those ...
Should I use a home equity loan to buy a car?
Bankrate via Yahoo Finance· 6 days agoFor one, you might end up needing that equity in an emergency. For another, you might find you’ve taken on too much debt, in-between your first mortgage...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
WTNH-TV New Haven· 7 days agoNEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 5 days ago“Prices will remain firm and will not decline on a national level,” he said. Lightbulb Key housing...
The High-Class Problem That Comes With Home Equity
New York Times· 5 days agoYou may feel richer as you pay your mortgage down and home values go up. Saving for retirement, on the other hand, is not mandatory. A retirement account...
Supreme Court rules against payday lenders in favor of Consumer Financial Protection Bureau
theGrio via AOL· 6 days ago“It’s always nice to see the courts get something right — especially in this tawdry circumstance...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 5 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...