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Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage...
FOX Business· 4 days agoMac's proposal would allow homeowners to access their home equity while keeping their low interest...
Mortgage Originator Texaslending.com Files for Bankruptcy
The Real Deal· 4 days agoThe paperwork was filed by CEO Kevin Miller, who founded Texaslending.com in 2001 and appears in the...
Today's mortgage rates fall for 15-year terms while 30-year terms hold steady | June 14, 2024
FOX Business· 7 days agoAdditionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is 0.115...
What are mortgage points, and how do they work?
CNN.com· 3 days agoMortgage points lower your loan’s interest rate when buying or refinancing a home. If you’ve been exploring mortgage rates recently, you may have noticed...
Lack Of Financial Knowledge Leads Borrowers To Overpay
National Mortgage Professional· 23 hours agoMany originators in the industry go to extra lengths to ensure borrowers are educated on mortgage...
Refinancing and Home Equity Loans: 5 Key Differences You Should Know
GOBankingRates via Yahoo Finance· 7 days agoWhen you have equity in your home -- meaning your outstanding home loan balance is less than the...
Daily mortgage rates for June 17, 2024: Steady rates
USA Today· 4 days agoThe average rate on a 30-year jumbo mortgage is 7.36%. The average mortgage rate for 30-year fixed loans rose today to 7.39% from 7.33% last week,...
How much is a down payment on a house?
Bankrate via AOL· 2 days agoYou can tap your home equity through a cash-out refinance, home equity loan or home equity line of credit (HELOC) to borrow money against the value of...
I Make Over $100K and My Family Can’t Afford to Buy a Home
CNET· 1 hour agoHigh home prices, expensive interest rates and a lack of homes for sale have locked out homebuyers...
Are zero-down mortgages making a comeback?
WPIX New York City, NY via Yahoo Finance· 5 days agoUnder the program, qualifying borrowers would receive a 3% down payment assistance loan up to $15,000. That loan won’t accrue interest or require a...