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A Record Number of Americans Are Spending More on Housing Than They Can Afford
The San Luis Obispo Tribune· 15 hours agoAn “unprecedented affordability crisis” hit the housing market after the pandemic, Harvard researchers say. Record numbers of homeowners and renters are spending more than ...
What is the average down payment for first-time homebuyers?
Bankrate via Yahoo Finance· 6 days agoIt depends on the loan program. With some loans, like a VA loan, your credit score has no impact on...
Some homebuyers are beating high interest rates with 1980s-era assumable mortgages
Tampa Bay Times· 9 hours agoMortgage rates were still hovering near 7% last October when she ran across a listing for a...
How to get a mortgage
Bankrate via AOL· 4 days agoFHA loans: FHA loans, insured by the Federal Housing Agency (FHA), have more flexible financial requirements than...credit score of at least 580 and a...
Interest rates plague Illinois agents and housing market - HousingWire
HousingWire· 4 days agoDespite the state’s tight inventory, the housing market is not as hot as one might expect. The state...
First-time homebuyer guide
Bankrate via Yahoo Finance· 4 days agoFor all of your monthly debt payments, including housing costs, the ideal spend is 36 percent. Many mortgage lenders...DTI ratio, however, the more...
Current Refinance Rates: June 19, 2024—Rates Dip
Forbes· 6 days agoThe rate on a 30-year fixed refinance slipped today. The averagerate for refinancing a 30-year fixed mortgage is currently 7.50%, according to Curinos.
Compare current mortgage rates
Fortune via AOL· 3 days agoKeeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current...
How To Finance A Mobile Home
Forbes· 5 days agoWith the average double-wide costing around $120,000 to $160,000, according to HomeGuide, financing your home may be the only way to afford it. Since...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 4 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant home equity. What Is a Reverse Mortgage?
