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VA extends moratorium on home foreclosures for veterans in default
Stars and Stripes· 2 days agoThe extra time also will enable the VA to implement a new “last resort” program that grants the VA...
Types of Mortgages: All You Need To Know
Time Magazine· 2 days agoHome loans are either conforming, meaning they fall within loan limits set by the Federal Housing Finance Agency (FHFA), or nonconforming, meaning they...
Loan Applications Decrease 5.7% Last Week
National Mortgage Professional· 1 day agoProspective borrowers took a break for the holiday weekend, and mortgage applications shifted downward as a result. Data from the Mortgage Bankers...
What Is Mortgage Insurance? How It Works and Who Should Have It
GoBankingRates via AOL· 5 days agoMortgage insurance makes it possible to buy a home with little or no money down, and in certain...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via Yahoo Finance· 6 days agoThat “if necessary...or simply can’t tolerate any level of risk — it’s best to go with a fixed-rate mortgage, despite the expense. Other loan types to...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 1 day agoMillennials have the lowest mortgage rates among generations – tied with Gen X at an average of 4% – because they bought homes at historically low interest rates in 2020 and ...
Homeowners Seize Rate Dip To Restructure Mortgages
Benzinga via Yahoo Finance· 6 days agoA growing number of homeowners capitalized on the opportunity torefinance their mortgages for the week ending May 17, attracted by the most favorable...
Today's mortgage rates rise for 30-year terms while 15-year rates hold steady | May 24, 2024
FOX Business· 6 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 24, which is 0.115 percentage...
How to Choose a Mortgage Lender: 7 Steps to Finding Your Ideal Match
Bob Vila via Yahoo Finance· 3 days agoYou need to be aware of certain things when pondering how to choose a mortgage lender, and we...
The 20% Down Payment Isn't Dead Yet - NerdWallet
Nerdwallet· 1 day agoThe typical down payment on a house is 7% for first-time home buyers, but a growing share of buyers...
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