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Mortgage Payment Surge Looms For Homeowners As Rate Hikes Bite
Benzinga via Yahoo Finance· 5 days agoHomeowners with adjustable-rate mortgages (ARMs) are bracing for an increase in their monthly...
Mortgage rates top 7% — again
AOL· 6 days agoThe average 30-year fixed mortgage rate climbed past 7% this week, hitting 7.03% from 6.94% a week prior, according to Freddie Mac. Rates began to rise ...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 7 days agomortgage rates among generations – tied with Gen X at an average of 4% – because they bought homes at historically low interest rates in 2020 and 2021. Millennials also have ...
Rachel Cruze: 3 Times You Should Avoid Refinancing a Loan
GoBankingRates via AOL· 3 days agoDebt payments and interest are a big deal when you're struggling -- and people are struggling right...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 1 day agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest rates below 6% has ...
FHA cash-out refinance: Requirements and guidelines
Yahoo Personal Finance· 7 days agoAn FHA cash-out refinance lets you refinance into a new FHA loan and tap into your home equity to receive cash. Learn if you qualify for an FHA cash-out...
3 Things About Foreclosure You Should Know
The Motley Fool via AOL· 4 days agoAnother option that may be available is mortgage modification. Unlike refinancing, where you apply for a completely new mortgage, modification ...
They bought homes with the intention to refinance. Now they're stuck
Los Angeles Times· 6 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Florida housing market warning
Newsweek· 5 days agoStates such as Texas and Florida have been leading this trend, suggesting that the housing markets that boomed during the pandemic are now experiencing...
Should I sell my house now or wait?
Bankrate via Yahoo Finance· 6 days agoSelling a home isn’t free, so if you can’t maximize your price, you might want to wait. If you’ve recently refinanced If you recently refinanced your ...
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