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Mortgage rates tick down again after modest gains on inflation
Bankrate via AOL· 4 days agoBefore the recent.... Labor Department said on May 15 that the inflation rate had dipped to 3.4...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 2 days agoThat “if necessary...payment — or simply can’t tolerate any level of risk — it’s best to go with a fixed-rate mortgage, despite the expense. Other loan...
Mortgage rates tick down again after modest gains on inflation
The Day· 3 days agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates ...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 1 day agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
Clark County experts: Time to buy a home is now, before dip in interest rates increase competition
The Columbian· 1 day agoHigh interest rates are making it harder for people to buy homes in Clark County’s already hot...
How to Budget Comfortably on a Fixed Income in Retirement
The Motley Fool via AOL· 6 hours agoToday is a good time to begin planning for those years to be comfortable and rewarding. Alert:...
Pros and cons of a cash-out refinance
Bankrate via AOL· 5 days agoIn addition, if you expect to sell your home in the short term, it might not make sense to do a cash-out refinance; you’ll have to repay the larger...
Types of home improvement loans to fit your project
Bankrate via Yahoo Finance· 2 days agoThat said, a cash-out refinance may not make sense as a renovation loan if you have an interest rate that’s lower than current mortgage
Mortgage Applications Up for Third Week
RISMedia Real Estate News· 4 days agoThanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady
OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 4 days agoThe regulator said changing conditions can trigger liquidity risk for institutions that rely on...