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What Would It Take for Homes To Be Truly Affordable for the Lower Middle Class?
GOBankingRates via Yahoo Finance· 2 hours agoThe median homeowner has a net worth ($396,200) nearly 40 times higher than the average renter...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 21 hours agoOn April 26, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
How do boat loans work, and are they the best way to finance a boat?
Bankrate via AOL· 5 days agoHigh interest rates could lead to paying off more than you originally borrowed. Stretching out a ...
How to calculate interest on a loan: Tools to make it easy
Bankrate via AOL· 3 days agoYou may also encounter amortized interest on home equity loans. Factors that can affect how much ...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via AOL· 3 days agoIt has proposed the purchase of single-family closed-end second mortgages from lenders...borrowers...
There’s a way to land sub-4% mortgage rates for buyers locked out of the housing market. But they’ve...
Fortune via Yahoo Finance· 19 hours ago“Generally, loan assumptions can be tough for first-time buyers to navigate...cash or secondary...
Pros and cons of a cash-out refinance
Bankrate via AOL· 4 days agoequity you already have. Lower interest rate: A cash-out refinance might have a lower interest rate
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 4 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan ...
Hawkeye Community College seeking bids to replace electrical services
Waterloo-Cedar Falls Courier· 4 hours agoThe project would replace aging infrastructure, including the college’s east campus medium voltage...