Search results
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 5 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant ...
What home equity borrowing option makes sense with inflation dropping? Experts weigh in
CBS News· 2 hours agoFor example, over the last year or so, stubborn inflation, geopolitical conflicts and other factors...
Current Refinance Rates: June 19, 2024—Rates Dip
Forbes· 6 days agoThe rate on a 30-year fixed refinance slipped today. The average rate for refinancing a 30-year fixed mortgage is currently 7.50%, according to Curinos.
How much income do I need to qualify for a mortgage in Canada?
MSN News· 6 days agoIs your salary enough to buy a home in these Canadian cities? Here’s how much you need to earn based...
How to Escape From a Zombie Mortgage
US News & World Report· 5 days agoA zombie mortgage is generally an old second mortgage that unexpectedly resurfaces after you'd thought it had been resolved. Whatever other action you decide ...
Is a HELOC or home equity loan better to borrow $80,000?
CBS News· 1 day agoConsidering the amount of money available, some homeowners may be looking for the best way to access...
FHFA issues 2023 annual report and noted challenges in housing market | JD Supra
JD Supra· 1 day agoThe report highlighted the current housing market’s tight supply of homes, high construction costs, and rising interest rates. The report also discussed the conservatorships of Fannie Mae and ...
Earn high interest yields with Merchants Bank of Indiana
Fortune· 3 hours agoMerchants Bancorp, founded in 1990 as a mortgage banking company, is headquartered in Carmel, Indiana. The bank has six Indiana-based branch locations, including two in Carmel ...
I Thought I’d Never Be a Homeowner: 4 Radical Changes I Made That Allowed Me To Buy a House
GOBankingRates via Yahoo Finance· 4 days ago“Yes, our interest rate is high, but I didn’t even think buying a home would be possible right now,”...
Should you use a HELOC to pay your kid's college tuition?
Detroit News· 2 days agoA home equity line of credit, or HELOC, is one way to turn that equity into usable funds. Because a HELOC is a second mortgage, your primary home ...