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US mortgage rates rise for first time in a month, denting demand
San Francisco Chronicle· 1 day agoThe contract rate on a 30-year fixed mortgage increased 4 basis points in the week ended May 24 to 7.05%, according to Mortgage Bankers Association data ...
Zero-down mortgages are making a comeback
ABC12 Mid-Michigan· 12 hours agoUnited Wholesale Mortgage based in Pontiac, led by Mat Ishbia, the billionaire owner of the Phoenix Suns NBA team, said homebuyers who qualify won't need...
Buy now, pay later: How do mortgage pros deal with ‘phantom debt’? - HousingWire
HousingWire· 1 day agoTraditionally, Silex Financial Group ran the initial numbers for a potential borrower to qualify for a mortgage based on what’s on their credit report, according to Racamato ...
Denmark has the solution to America's broken housing market
Business Insider via Yahoo Finance· 1 day agoThis lucky Danish homeowner may have to turn around and buy another home with a higher rate, sure,...
Kind Lending Appoints Industry Veteran Tammy Richards as Chief Operating Officer
FOX 23 News Albany· 23 hours agoRichards brings over 40 years of experience in the mortgage industry and remains the CEO of LendArch, a consulting firm she founded in 2021. Tammy has also held executive ...
Chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic turnaround’
Fortune via Yahoo Finance· 1 day ago“Problems associated with low-rate mortgage [lock-in] and high [mortgage] rates and all that, those...
Organization awards home in Fairbanks to combat-wounded Army veteran
Alaska Public Radio Network· 2 hours ago“So please join me and welcoming the Armstrong family to their new home!” said Adam Little, a regional Bank of America/Merrill Wealth Management marketing ...
Home Sales Are Stuck in Neutral—Will the Fed Put Them Into Gear?
Investopedia· 16 hours agoBoth new and previously owned home sales have stalled so far this spring, but economists think the...
Citizens Bank adds $2M fund for first-time homebuyers, small businesses
The Tennessean via Yahoo Finance· 3 days agoTrust to offer $2 million in local small business loans and home mortgages. The investment by the...
Is Hyper-Inflation That Destroys a Currency a 'Solution'? | Investing.com
Investing.com· 3 hours agoThis contrarian sees a strong consensus around the notion that hyper-inflation is the inevitable...