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Mortgages and loans to pay for home renovations
Bankrate via AOL· 5 days agoRenovations must be completed within 180 days of the mortgage note date. If your home’s location is deemed a Duty to Serve high-needs area, you could get...
Mortgage rates fall below 7% for first time in over a month in boost for homebuyers
NY Post via Yahoo Finance· 3 days agoA year ago, the rate averaged 6.57%. AP Higher mortgage rates can add hundreds of dollars a month in...
Clark County experts: Time to buy a home is now, before dip in interest rates increase competition
The Columbian· 1 day agoHigh interest rates are making it harder for people to buy homes in Clark County’s already hot...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 2 days agoAdjustable-rate mortgages can be advantageous in certain situations. Here are a few examples: You don’t plan to stay in the home for ...
Long-Term Mortgage Rates Ease for Third Straight Week, Dipping to Just Below 7%
US News & World Report· 3 days agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. This is the third straight weekly decline in the average
How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 2 days agoJust remember that you’ll need to start making payments on the new loan to keep the home. “Refinancing it back into a traditional loan will mean having...
30-year mortgage rate drops to a seven-week low
Market Watch· 4 days agoOn a week-over-week basis, the market index rose 1.9%, to 201.9, for the week ending May 17. Key details: The purchase index — which measures mortgage...
Long-term mortgage rates ease for third straight week, dipping to just below 7%
Associated Press· 3 days agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. This is the...
Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop
Benzinga via Yahoo Finance· 4 days agoMortgage applications in the U.S. saw an increase of 1.9% for the week ending May 17, continuing an...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 6 days agoMeanwhile, most Americans with mortgages landed their loans — either through buying or refinancing —...