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How does the HELOC repayment process work?
CBS News· 1 day agoWhile interest rates on credit cards, personal loans and even traditional mortgage refinances have crept well into the double digits, home equity loans ...
‘Mortgage rate lock’ keeps buyers parked in homes they no longer want - The Boston Globe
The Boston Globe· 4 days agoNinety-two percent of Boston homeowners are experiencing mortgage “rate lock”; they are reluctant to give up their existing home and lower mortgage ...
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
The Wall Street Journal· 19 hours agoChris Landeck is doing great, despite the high-rate economy. He is worried, though, that the cost of...
Want interest rate cuts this year? Too bad
TheStreet.com· 2 days agoSticky inflation and a hot economy have put the Fed in a tough spot. Everybody, including the Federal Reserve, is caught in a bind. The Fed's key rate is the federal funds ...
No-doc mortgage: What is it and can you still get one?
Bankrate via AOL· 3 days agomortgage loans usually come with higher interest rates. Because a no-doc mortgage will likely come...
The 3 most affordable borrowing options right now
CBS News· 3 days agoOver the last few years, the interest rate environment has shifted dramatically, making borrowing money much more expensive across the board. After...
Is a no-closing-cost mortgage really cheaper?
CNN.com· 3 days agoClosing costs are a significant expense you’ll incur when buying (or refinancing) a home, typically totaling 2% to 6% of the mortgage amount — so the...
Compare Current VA Loan Rates Today | Bankrate
Bankrate.com· 2 days agoFind and compare VA mortgage rates. Most active-duty military and veterans qualify for VA mortgages. Compare rates today and lock in your rate.
Ghost of Stagflation
The New York Sun· 18 hours agoJust as President Biden and his allies on the left are pushing for lower interest rates, the economy is flashing a proverbial “check engine” light —...
MARK-TO-MARKET: Fed signals caution on lowering interest rates
Quad-City Times· 7 days agoThe U.S. Federal Reserve has a highly unenviable task — to drive inflation back down to its target rate of just 2%. To the Fed’s credit, by June 2023, inflation had declined ...