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Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 4 days agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375%...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 4 days agoIt has proposed the purchase of single-family closed-end second mortgages from lenders. It says it...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 4 days agoA home equity loan provides the opportunity to capitalize on this without having to refinance their...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via Yahoo Finance· 2 days agoHere are a few examples: You don’t plan to stay in the home for a long time. If you know you’re going to sell a home within five to 10 years, you can opt...
What to do when your mortgage forbearance period ends
Bankrate via Yahoo Finance· 2 days agoBy doing so, you will simply pay off what you owe when the mortgage ends...forbearance is not loan...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 3 days agoThe median U.S. home sale price — what buyers actually paid for a property — reached $387,600 during...
FHA loan rates | Bankrate | Compare rates today
Bankrate.com· 5 days agoFor today, Tuesday, May 21, 2024, the national average 30-year FHA mortgage interest rate is 6.87%, down compared to last week’s of 7.01%. The national average 30-year FHA ...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
Americans are trying to change their mortgages
Newsweek· 4 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage rates have been...
Mortgage rates just fell below 7% - here's how much the monthly payment is now on a $400,000 house
Morningstar· 1 day agoMortgage rates fell for the third week in a row, pushing the 30-year rate below 7% for the first time in over a month. The 30-year fixed-rate mortgage averaged ...
