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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...
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...
Types of home improvement loans to fit your project
Bankrate via Yahoo Finance· 2 days agoHowever, you usually can’t borrow more than 80 percent of the value of your home. That said, a cash-out refinance may not make sense as a renovation loan...
Mortgage rates dip below 7% for the first time in over a month
Yahoo Finance· 3 days agoElevated mortgage rates, high home prices, and low inventory are challenging homebuyers. Sales of...
Central Ohio home sales jump in April as inventory reaches 2020 levels
The Columbus Dispatch via Yahoo Finance· 4 days agoCentral Ohio home sales are leaping as buyers welcome more choices and resign themselves to high...
Mortgages and loans to pay for home renovations
Bankrate via AOL· 5 days agoMae HomeStyle Renovation loan allows borrowers to either buy a place that needs repairs or refinance their existing home loan and get money for...
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...
Today's mortgage rates rise for 30-year terms while 15-year rates hold steady | May 24, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 24, which is 0.115 percentage...
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...