Search results
6 creative ways to find a lower mortgage rate this summer, according to experts
CBS News· 7 days agoAs a result, the Federal Reserve has been forced to keep interest rates higher for longer, hoping to...
How does a fixed-rate HELOC work?
Bankrate via AOL· 5 days ago“The lender will then assess eligibility based on factors such as the current balance, loan-to-value ratio, and credit score,” says Suslov. “Depending on...
Millennials most likely to unlock low mortgage rate to move: Freddie Mac
FOX Business· 7 days agoMost homeowners who are locked into historically low mortgage rates are happy to remain in their...
Should retirees use their homes to pay bills?
AOL· 6 days agoIf you’re a homeowner in or nearing retirement, you may be able to use your home equity as a source of funds. The amount of home equity you can borrow against largely depends on the size and ...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 5 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant ...
I Thought I’d Never Be a Homeowner: 4 Radical Changes I Made That Allowed Me To Buy a House
GOBankingRates via Yahoo Finance· 3 days agoShe says they locked in a 30-year FHA mortgage with a 7% interest rate but hope to refinance it if...
3 signs it's time to refinance your home equity loan
CBS News· 4 days agoBelow, we'll break down three indicators that it may be time to complete a home equity loan refinance. Refinancing your home equity loan is a decision...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 6 days agoWhen the draw period ends (usually after 10 years), you’ll repay the funds you borrowed, at a variable rate of interest. Cash-out refinance If you still...
Clouds rising over banks? As interest rates stay high, FAU survey handicaps risks for lenders with...
Sun-Sentinel· 23 hours agoIf any are to be refinanced, the borrowers will have to pay higher interest rates. Rebel Cole...
How to Escape From a Zombie Mortgage
US News & World Report· 5 days agoA zombie mortgage is generally an old second mortgage that unexpectedly resurfaces after you'd thought it had been resolved. Whatever other action you decide ...