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Mortgage-bond funds haul in billions in April
Market Watch· 5 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...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 5 days agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
Mortgage Rate Forecast May 2024 | Bankrate
Bankrate.com· 6 days agoAs homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39 percent as of...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via AOL· 6 days agoNew adjustable mortgage products are structured to change every six months rather than every 12...
Beazer Homes USA Inc (BZH) Reports Mixed Fiscal Q2 2024 Results, Aligns with EPS Projections
GuruFocus.com via Yahoo Finance· 6 days agoBeazer Homes has also taken proactive steps to manage its debt, evidenced by the refinancing of its...
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street'...
Business Insider via Yahoo Finance· 4 days agoMore widely available home equity loans would be a boon in particular for older Americans, who are...
Mortgage rate forecast for May 2024: No break for homebuyers
Traverse City Record-Eagle· 5 days agoAs homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a...
New York Fed: Fewer Renters Expect to Ever Buy Home
PYMNTS.com· 1 day agoRenters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about this...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 7 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 6 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...