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Today's 15- and 30-year mortgage rates continue to hold steady | April 15, 2024
FOX Business· 5 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.375% as of April 15, which is unchanged from...
VA loan down payment: Definition and requirements
Bankrate via AOL· 1 week agoThat means you’ll save on your monthly payment as well as interest on the smaller loan balance. The larger your down payment, the more you’ll save....
VA loans: What they are and how they work
Bankrate via AOL· 19 hours agomortgage insurance: Unlike conventional and FHA loans, VA loans do not require you to pay mortgage insurance, even ...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 4 days agomortgage backed by Fannie Mae or Freddie Mac, you might be eligible for the Flex Modification...
Assumable mortgage: What is it and how does it work?
Bankrate via AOL· 3 days agoKey takeaways When you assume a mortgage from a home seller, you become responsible for thatloan at its existing interest rate ...
How to Refinance Your Mortgage: Complete Guide
Time Magazine· 4 days agoPeople tend to avoid mortgage refinancing when rates are high, and average rates have been rising steadily since 2022, reaching a peak of 7.79% for a 30...
Physician mortgage loans: A mortgage option for doctors
Bankrate via Yahoo Finance· 1 week agoMost physician loan lenders offer as much as 100 percent financing for as much as a $1 million loan....
What is a loan-to-value ratio?
Bankrate via AOL· 19 hours agoWhen you apply for a mortgage, your lender will factor in your LTV ratio when deciding whether to approve you for the loan. If it offers you a ...
Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 weeks agoYour lender will then reamortize the loan with the smaller balance and new, lower monthly payments. Although your loan has been recast ...
Why was my mortgage application denied? Common reasons underwriters don't approve loans
The Salem News· 22 hours agoThere are many reasons — income, or property type, or something else — that the automated...