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Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 20 hours ago“Eligible homeowners can borrow a minimum of $15,000 up to a maximum of $150,000. The maximum loan...
What is the average down payment for first-time homebuyers?
Bankrate via Yahoo Finance· 4 days agoWith some loans, like a VA loan, your credit score has no impact on the down payment since there’s...
Mortgage Applications Continue to Rise This Week
RISMedia Real Estate News· 3 days agoMortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers
Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 6 days agoHomeownership is the foundation for many financial outlooks or the jumping-off point for what money moves you can make in retirement. Borrowing against...
Conversion mortgages can help senior homeowners use their frozen equity to downsize.
Salt Lake City Weekly· 3 days agoWouldn't it be nice to not have a mortgage payment each month? For seniors, it's possible with an FHA-insured Conversion Mortgage for ...
Behind on Mortgage Payments? Former Realtor on What You Should Do
The Motley Fool via AOL· 6 days agoA partial claim second mortgage is a type of loan modification for HUD programs (like FHA mortgages)...
Refi Rates Are Easing for Homeowners: Current Refinance Rates on June 17, 2024
CNET· 5 days agoLower mortgage rates may finally be on their way. To get the best rate, experts say to compare loan...
Do I lose home equity after refinancing?
Bankrate via Yahoo Finance· 5 days agoThis means you have to manage two monthly payments. Still, it can be a good option if you want to keep the current interest rate you have on your ...
How To Finance A Mobile Home
Forbes· 2 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...
Do you really need to put down 20% when buying a home? Pros and cons
The Week via Yahoo Finance· 3 days agoWhile a larger down payment can offer savings in a high-rate environment, "if mortgage rates are...