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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 1 day agoUntil recently, people in that age group hadn’t seen a 7% interest rate on a conventional mortgage...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 1 day agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
Mortgage rates fall for a second straight week
Consumer Affairs· 6 days agoHome affordability might have slightly improved this week. Freddie Mac reports mortgage rates appear to have reversed course, at least for now. “
New-Home Construction Rebounds in April Despite Higher Mortgage Rates
San Francisco Chronicle· 4 days agoConstruction of new homes ticked up last month despite higher mortgage rates, partly reversing a...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 2 days agoOlder homeowners may contemplate the traditional methods, but depending on the person, they may be...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 2 hours agoThe study, released late last year, examined three core elements of HECM program effectiveness...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 2 hours ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 4 days agoOne obvious difference between now and then is that homeowners’ personal balance sheets are much...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 6 hours agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 day agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
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