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What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 5 days ago“Don’t fall into the trap of using an adjustable-rate mortgage as a crutch of affordability,” he...
Using home equity to pay off your mortgage? Here's what experts think
CBS News· 3 days agoIf you use a home equity loan to pay off your mortgage, you're essentially refinancing your mortgage...
‘Fed Put’ Back on the Table: What That Means for the Market
Investing.com· 29 minutes agoWith this sentence, the Fed announced the tapering of their QT program last week. The Federal...
Daily mortgage rates for May 3, 2024: Rates end week elevated but calm after Fed rate pause
AOL· 3 days agoThe current average rate for a 30-year fixed mortgage is 7.36% for both purchase and refinance — down 1 basis point from 7.37% for purchase and down 2 basis ...
Mortgage rates climbs to highest level since November
Orange County Register· 7 days agoThe average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on ...
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 ...
Mortgage-bond funds haul in billions in April
Market Watch· 3 days agoThe five days of trade ending on May 1 saw $717.3 billion of inflows to mortgage-backed securities bond funds, adding to the $3.72 billion monthly tally...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 6 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your ...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 5 days agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down payment, location and ...
Compare Today's Home Loan Refinance Rates
Forbes· 7 days agoThe main goal of most mortgage refinances is to lower your interest rate and maximize your savings. Often lenders will publish their lowest rate ...