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A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
CNBC· 4 days agoFor the week, the average contract interest rate for 30-year fixed-rate mortgages with conforming ...
Rate-and-term refi locks jump 25.6% in May: Optimal Blue
HousingWire via Yahoo Finance· 3 days agoThe purchase pull-through rate was 79.9% in May, down 184 bps from April. The refinance pull-through...
Questions to ask a mortgage lender
Bankrate via AOL· 6 days agoThat’s because mortgage lenders and banks stand to gain more revenue when borrowers adhere to a longer loan duration, such as with a 30-year mortgage....
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 4 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed ...
Refi business is picking up on falling mortgage rates
HousingWire via Yahoo Finance· 4 days agoThe refinance share of mortgage activity increased to 35.2% of total applications from 31.1% the...
Are zero-down mortgages making a comeback?
The Hill· 3 days agoToday’s typical down payment for a new home is $56,000, which is out of reach of many potential buyers. One of the nation’s largest mortgage lenders is...
New homes remain in demand as mortgage applications rise in May
HousingWire via Yahoo Finance· 3 days agoDepartment...USDA) loans at 0.3%. The average loan size last month across all types of new-home...
What Is a Second Mortgage?
US News & World Report· 6 days agoHome equity loans, piggyback loans and HELOCs are examples of second mortgages.
Mortgage rates today, June 12: Rates hold still
Yahoo Personal Finance· 4 days agoThese are today's mortgage rates. Rates are staying high, so potential buyers may find that waiting for rates to drop isn't worth it. Lock in your rate...
How to invest in real estate with little money
Yahoo Personal Finance· 5 days agoMany house flippers use hard-money loans to finance home purchases. A hard-money loan is a short-term loan where the property you’re purchasing serves as...