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30-year mortgage rate drops to a seven-week low
Market Watch· 1 day agoOn a week-over-week basis, the market index rose 1.9%, to 201.9, for the week ending May 17. Key details: The purchase index — which measures mortgage...
Americans are trying to change their mortgages
Newsweek· 1 day agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 1 day agoAs a result, a new home is likely to be a bit smaller than an older one, and priced to sell....
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 14 hours agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 1 day agoIt has proposed the purchase of single-family closed-end second mortgages from lenders. It says it...
Mortgage rates today, May 19, 2024: Rates inch down but remain high overall
Yahoo Personal Finance· 4 days agoFixed-rate vs. adjustable-rate mortgages With a fixed-rate mortgage, your rate
Mortgage rates today, May 18, 2024: Rates are still over 7%
Yahoo Personal Finance· 5 days agoIt might be a better time to buy than you’d expect, though. The highest mortgage rate on record was...
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 21, which is unchanged from...
Pros and cons of a cash-out refinance
Bankrate via AOL· 2 days agoKey takeaways The benefits of a cash-out refinance include access to money at potentially a lower interest rate, plus tax deductions if you itemize. On...
Mortgages and loans to pay for home renovations
Bankrate via AOL· 2 days agoOne advantage of a HomeStyle...a single debt with one monthly payment; you don’t have to take out a loan for the mortgage and another loan for home...
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