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A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
CNBC· 3 days agoFor the week, the average contract interest rate for 30-year fixed-rate mortgages with conforming ...
Questions to ask a mortgage lender
Bankrate via AOL· 4 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· 2 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 ...
Mortgage rates today, June 12: Rates hold still
Yahoo Personal Finance· 3 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...
Refi business is picking up on falling mortgage rates
HousingWire via Yahoo Finance· 3 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· 2 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· 2 days agoDepartment...USDA) loans at 0.3%. The average loan size last month across all types of new-home...
Summit Funding hiring lenders now for better mortgage market it sees in the future - Sacramento...
The Business Journals· 5 days agoSacramento-based private mortgage lender Summit Funding Inc. is expanding with strategic hires of...
What Is a Second Mortgage?
US News & World Report· 5 days agoHome equity loans, piggyback loans and HELOCs are examples of second mortgages.
US Economy News Today: Federal Reserve Says 'Modest' Improvements Have Been Made in Inflation Fight
Investopedia· 2 days agoFederal Reserve Chair Jerome Powell said the policy-setting committee is sticking to its strategy of...
