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Mortgage rates just fell below 7% - here's how much the monthly payment is now on a $400,000 house
Morningstar· 2 days agoMortgage rates fell for the third week in a row, pushing the 30-year rate below 7% for the first time in over a month. The 30-year fixed-rate mortgage averaged ...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 2 days agoYou plan to refinance. If you expect rates to drop before your ARM rate resets, taking out at...increases. You’re comfortable with the risk. If you’re...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 4 days agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
Mortgage rates tick down again after modest gains on inflation
The Day· 4 days agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates have bounced around ...
Stratmor, Teraverde Deal A 'Merger Of Equals'
National Mortgage Professional· 4 days agoIt’s well performed, I'm told, at mortgage conferences. In one, easy motion sweep a saber (or any heavy kitchen knife) upward under the lip of a...
What falling inflation means for mortgages, savings and investments
The Telegraph via Yahoo Finance· 5 days agoInflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a...
Las Vegas builders optimistic about market
Las Vegas Review-Journal· 2 days ago“We had a more than 60...it below 6 percent),” Lay said. “That’s the difference between the new-home market and the resale. The new home market is able...
‘Hurricane Season from Hell’ could drive up home insurance costs on vulnerable U.S. coastline
KTBS Shreveport· 7 days agoWeather experts have warned that the 2024 hurricane season could be especially destructive. The U.S....
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 2 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
