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They bought homes with the intention to refinance. Now they're stuck
Los Angeles Times· 19 hours agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 1 day agomortgage rates among generations – tied with Gen X at an average of 4% – because they bought homes at historically low interest rates in 2020 and 2021. Millennials also have ...
Homeowners Face Higher Refi Rates: Refinance Rates for May 27, 2024
CNET· 4 days agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red Ventures. Because mortgage refinance rates have been averaging ...
Here Are Today's Refinance Rates: May 29, 2024—Rates Remain Unchanged
Forbes· 2 days agoRefinance rates stayed flat today. The average rate on a 30-year fixed mortgage refinance is 7.64%,...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 6 days agoThe risk of ARMs It can be more difficult to qualify for an ARM compared to a fixed-rate mortgage because you’ll need a higher down payment of at least...
Should I sell my house now or wait?
Bankrate via AOL· 13 hours agoSelling a home isn’t free, so if you can’t maximize your price, you might want to wait. If you’ve recently refinanced If you recently refinanced your ...
Freddie Mac proposes buying home equity loans
The Hill· 2 days agoThe new rule, which would provide borrowers a cheaper loan option than cash-out refinancing, is specifically responsive to the higher interest rate...
Types of home improvement loans to fit your project
Bankrate via Yahoo Finance· 6 days agoTo qualify for cash-out refinancing, you apply for a new mortgage on your home for more than you owe and pocket the extra money, which you can use...to...
FHA cash-out refinance: Requirements and guidelines
Yahoo Personal Finance· 1 day agoAn FHA cash-out refinance lets you refinance into a new FHA loan and tap into your home equity to receive cash. Learn if you qualify for an FHA cash-out...
Advice | A year after paying off our 2.75% mortgage, we still have no regrets
Washington Post· 7 days agoThough many readers say my husband and I would have been better served investing all those extra house payments, we chose peace of mind.