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Consumers want a break on prices and interest rates but Fed keeps rates high
Detroit Free Press via Yahoo Finance· 2 days agoOthers might remember that mortgage rates hit nearly 7.8% in October, now down to an average 6.99%...
They bought homes with the intention to refinance. Now they’re stuck
Sun-Sentinel· 6 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Housing Market Continues To Slow As Mortgage Applications Decrease
Benzinga· 7 days agoAmid a backdrop of high mortgage rates, which saw the typical 30-year fixed rate rise to 7.07%, the...
Inflation levels remain unchanged in May, brings 2% target into focus
FOX Business· 22 hours agoInflation was up year-over-year in May, but remained unchanged from the previous month as a dip in...
Questions to ask a mortgage lender
Bankrate via AOL· 4 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 Meltdown — U.S. Lending Crashes 70% After Pandemic Homebuying Surge
Benzinga via AOL· 7 days agoAccording to ATTOM’s first quarter 2024 U.S. Residential Property Mortgage Origination Report, U.S. home mortgage lending plummeted nearly 70% from a high ...
New rental developments are changing the American Dream of suburban homeownership
Los Angeles Times· 1 day agoChelsey and Spencer Marks’ home in Cathedral City was becoming more trouble than it was worth. “I...
Today’s Refinance Rates June 13, 2024: Rates Up
Newsweek· 1 day agoThe current average ReFi rate on a 30-year fixed ReFi is 7.09%, compared to 7.08% a week earlier. For borrowers who want a shorter ReFi, the average rate
Housing Market Continues To Slow As Mortgage Applications Decrease
Benzinga via AOL· 7 days agoMortgage applications declined 5.2% for the week ending May 31, with adjustments accounting for the...
Can you get a HELOC on an investment property?
Bankrate via Yahoo Finance· 3 days agoCash-out refinance: With a cash-out refinance, you’ll refinance the loan on your investment property to a higher amount — provided you ...