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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage ...
Mortgages and loans to pay for home renovations
Bankrate via AOL· 3 days agoOne...one monthly payment; you don’t have to take out a loan for the mortgage and another loan for home repairs. Getting one loan cuts...as low as 3...
Rates decrease | Current mortgage rates for May 23rd, 2024
Bankrate.com· 1 day agoAverage mortgage rates sunk across the board compared to a week ago, according to rate data collected by Bankrate. The movement of fixed mortgage ...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 2 days agoThe notice said, "A significant portion of borrowers have low interest rate first mortgages, and the...
Daily mortgage rates for May 20, 2024: Steady rates
USA Today· 4 days agoThe average rate on a 30-year jumbo mortgage is 7.46%. The average mortgage rate for 30-year fixed loans rose today ...
Pros and cons of a cash-out refinance
Bankrate via AOL· 3 days agoHere’s when it might make sense to get a cash-out refinance: Lower interest rate: When you can lower the interest ...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 17 hours agoThe monthly mortgage payment at that price — factoring in the 7.02% U.S. median interest rate for a...
Should I buy a house now, or wait?
Bankrate via AOL· 14 hours ago“If a buyer finds a property they...market, and a home should be a long-term investment.” “When mortgage rates drop and more buyers come back into the...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 1 day agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
CBS News via Yahoo Finance· 4 days agoIt's not only mortgage rates that have made homebuying this spring a tough proposition...mortgage...