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They bought homes with the intention to refinance. Now they’re stuck
Detroit News· 7 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Home equity hazards: The risks of tapping your property’s value
Bankrate via AOL· 3 days agoReal estate is particularly speculative and, more importantly, highly illiquid, meaning it cannot...
How to find the best FHA mortgage lender
Bankrate via Yahoo Finance· 3 days agoMany lenders let you lock in your interest rate for a set period while you’re shopping for a home. This can make the cost of your mortgage more...
Weekly Mortgage Rates Dip, Home Price Gains Soften - NerdWallet
Nerdwallet· 7 days agoAverage mortgage rates ebbed this week — a welcome change, but not enough to give home buyers much...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 3 days agoHome equity is near all-time highs. Total home equity for U.S. mortgage holders rose to more than...
FHA vs. VA loan: What are the differences?
Yahoo Personal Finance· 2 days agoFHA and VA loans are great options for low mortgage rates and down payments, but each has its pros and cons. Here’s how to decide between an FHA vs. VA...
44% of Buyers Think a Home Is a Better Investment Than Stocks. Are They Right?
The Motley Fool via AOL· 1 day agoBuying a home can increase your net worth -- with a lot of caveats involved. Keep reading to learn...
Questions to ask a mortgage lender
Bankrate via AOL· 3 days agoThere are soft and hard prepayment penalties. Here’s how they compare: Soft prepayment penalties let you sell your house without paying a fee. But if you...
Mortgage interest rates today: June 7, 2024
CNN.com· 6 days agoToday’s mortgage interest rates are dropping for the sixth consecutive day. The average daily rate for a 30-year fixed mortgage is 7.36%, according to...
Who is the best candidate for a home equity loan?
Bankrate via Yahoo Finance· 7 days agoAgain, there’s no one magic number. But you’re likely to have the most to play with if you own at least half your home outright, what the industry calls...
