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As the VA loan turns 80, its economic impact is in the trillions
HousingWire via Yahoo Finance· 1 day agoThe report went on to note that race-based homeownership gaps are smaller...veteran population than...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via Yahoo Finance· 1 day agorate mortgage once held below 3 percent. Since February, the key home financing rate has been...
Why home equity loans may become cheaper soon
CBS News· 1 day agoBorrowers looking for inexpensive credit in recent years haven't had many attractive options. Thanks to a surging inflation rate and a federal funds rate
Here Are Today's Refinance Rates: June 11, 2024—Rates Inch Down
Forbes· 3 days agoThe rate on a 30-year fixed refinance tumbled today. The average rate for refinancing a 30-year...
The Fed indicated rates will remain higher for longer. What does that mean for you?
McComb Enterprise-Journal· 14 hours agoThe Federal Reserve’s decision Wednesday, May 1, 2024 to keep its benchmark rate at a two-decade high should have ripple effects across the economy. Mortgage</ ...
Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity
The Daily Sentinel· 16 hours ago- Optimal Blue issues May 2024 Market Advantage mortgage data report -
VA home loan program added $4 trillion to US economy since WWII
Military Times via Yahoo Finance· 1 day ago“Today, this hard-earned benefit is more important than it has ever been.” The home loan program is...
This is when you can expect mortgage rates to go down — and why you should buy before a recession...
NY Post via Yahoo Finance· 3 days agoToday, the median monthly mortgage payment on a new home stands at $2,256, about 7% higher than last...
Why the Federal Reserve Affects Mortgage Rates
CNET· 1 day agoOver the past two years, the Federal Reserve’s interest rate hikes have had an adverse effect on the housing market, helping to drive mortgage rates into...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 1 day agoEven modest rate reductions can translate to major savings. For instance, financing $500,000 on a...