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Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 5 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
Rates increase | Today's mortgage rates for May 2nd, 2024
Bankrate.com· 5 days agoRates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans moved higher. The movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor ...
Americans are sitting on a record amount of home equity at $11 trillion — here’s how much cash is...
Market Watch· 2 hours agoHome equity loosely corresponds with how much housing wealth one has: It is the difference between...
Mortgage Rates on the Rise Again
Investopedia· 6 days agoAfter dipping into slightly cheaper territory, rates on 30-year new purchase mortgages are back on the upswing. Rates for most other loan types also moved higher.
UK House Prices Fall Again After Mortgage Rates Creep Higher
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- UK house prices fell at the sharpest pace in eight months after the cost of mortgages...
How does a fixed-rate mortgage work?
Yahoo Personal Finance· 3 days agoA fixed-rate mortgage locks in your interest rate for the entire loan term. Learn how a fixed-rate mortgage works and whether it’s the right fit for you.
How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 3 days agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 4 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
30-Year Mortgage Rates Pull Back
Investopedia· 6 days agoAfter inching up earlier this week, the 30-year mortgage rate average dropped 3 basis points on Wednesday, while the FHA 30-year rate average fell below 7.00% for the first time in seven weeks.
3 Financial Stocks to Sell in May Before They Crash & Burn
InvestorPlace· 2 hours agoThe Financial Select Sector SPDR Fund ETF (NYSEARCA:XLF) is down by approximately 3%...