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Mortgage Demand Stagnates Despite Rate Drop to 6.95%
Homenewshere.com· 2 days agoDespite a noteworthy dip in mortgage rates, the housing market has seen a surprisingly tepid response from potential homebuyers. Freddie Mac reports a...
The history of home (un)affordability
Bankrate via AOL· 3 days ago“As an example, a low interest rate helps the consumer’s ability to meet debt-to-income ratios...But at the same time, rising prices driven by those <...
How to refinance when you have a second mortgage
Bankrate via AOL· 3 days agoHowever, as you pay down the refinanced loan, your score should improve based on your dropping debt and improving payment history. When should you...
Some older Americans splurge to keep homes accessible while others struggle to make safety upgrades
The Salem News· 13 hours agoThe need to age-proof properties will become more urgent in the decade ahead. By 2034, people age 65 and older are expected to outnumber those under age 18 for the first time in U.S.
Boomers struggled more than millennials to buy their first homes: Realtor.com
HousingWire via Yahoo Finance· 4 days ago“Though today’s housing market is not the least affordable in history, it is the least affordable in...
‘Zombie’ Mortgages Are Back With a Vengeance to Haunt Homeowners
Modesto Bee· 16 hours agoMotivated by recent gains in home values, debt collectors are coming after old, unpaid mortgages — and your braaains. As if paying for a mortgage today ...
Comparing Trump's and Biden's economic plans, from immigration to taxes
USA TODAY via Yahoo Finance· 2 days agoBut he agrees the move would spark higher inflation without similar-sized spending reductions....
Interest rates may need to go higher if the Fed wants inflation at 2%
Morningstar· 7 days agoThe Fed should not lower interest rates until inflation hits the 2% target for several months. Investors got their wish that the May consumer-price index report and the Federal Reserve's interest ...
Should I get a personal loan? Here are the pros and cons
Bankrate via Yahoo Finance· 2 days agoYour repayment history is the largest percentage — 35 percent — of your FICO Score and your amount...
What is an unsecured loan?
Bankrate via AOL· 2 days agoSome types of personal loans. Borrowers will not encounter unsecured mortgages as the home is always used as collateral. Unsecured auto loans exist but...