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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· 1 day agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Lock-In Effect: Homeowners Cling To Lower Rates | Bankrate
Bankrate.com· 3 days agoAs mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to...
3 timely HELOC benefits that home equity loans don't offer
CBS News· 23 hours agoHome equity loans offer fixed rates and payments alongside lump-sum funding. While both home equity...
Mortgage rates fall - Today's rates for May 21, 2024
Bankrate.com· 2 days agoThe movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor appetite fluctuates with the state of the economy, inflation and Federal Reserve decisions.
1 in 4 First-Time Home Buyers Today Are Considering an Adjustable-Rate Mortgage. Here Are 2 Pros and...
The Motley Fool via AOL· 4 days agoIf you're going to sign an adjustable-rate mortgage, you must brace -- and save -- for the...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 1 day agoBut 5 minutes could have you paying as little as $29/month Thanks to Jeff Bezos, you can now use...
The Rise of Inflation and the Downturn of Refinancing Rates for Auto and Title Loans
The Auto Channel· 4 days agoAs the cost of living increases throughout the country and the Bureau of Labor Statistics reports inflation is still elevated at over 3%, consumer spending has shown signs of softening but has ...
Rates decline - Mortgage rates for May 20, 2024
Bankrate.com· 3 days agoAverage mortgage rates trended lower on all loan terms compared to a week ago, according to rate data compiled by Bankrate. The tune has changed around the direction of mortgage ...
Small Business - Cordele Dispatch | Cordele Dispatch
Cordele Dispatch· 6 days agoAs the cost of living increases throughout the country and the Bureau of Labor Statistics reports inflation is still elevated at over 3%, consumer spending has shown signs of softening but has ...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 9 hours agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...