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New homes remain in demand as mortgage applications rise in May
HousingWire via Yahoo Finance· 19 hours agoSmall but steady declines in mortgage rates have created more demand for refinances, as the MBA’s ...
Owensboro housing market holding strong
Messenger-Inquirer, Owensboro, Ky. via Yahoo Finance· 7 hours agoHome mortgage rates have spiked significantly since the end of the COVID-19 pandemic. According to Bankrate, which tracks interest rates, the national average interest < ...
Refi business is picking up on falling mortgage rates
HousingWire via Yahoo Finance· 2 days agoThis is good news for many prospective homebuyers who have been frustrated by the lack of homes on...
Good news, bad news: Mortgage rates drop, as home prices hit a record high
WCPO Cincinnati· 16 hours agoAfter big run-ups in home prices the past three years, a lot of potential home buyers were hoping...
What is a cash-in refinance, and how does it work?
Yahoo Personal Finance· 2 days agoWith a cash-in refinance, you make a large lump-sum payment, so your new mortgage has a lower principal. Learn whether a cash-in refinance is a good fit...
Mortgage Application Volume Jumps 15.6%
National Mortgage Professional· 2 days agoMortgage applications increased for the first time in several weeks as mortgage rates trended lower last week. The Mortgage Bankers Association ...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 2 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage< ...
7 ways to pay off your mortgage faster
Yahoo Personal Finance· 2 days agoAgain, make sure your lender puts that extra money toward the principal, and it should make a notable difference in your long-term interest costs and...
Are zero-down mortgages making a comeback?
The Hill· 20 hours agoToday’s typical down payment for a new home is $56,000, which is out of reach of many potential buyers. One of the nation’s largest mortgage lenders is...
VA loan benefits and disadvantages
Bankrate via AOL· 2 days agoEasier qualifications The VA doesn’t set a credit score minimum...compensating factors. Convenient refinancing options A VA cash-out refinance option...
