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Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 6 days agoCall it a comeback? The potential comeback of second mortgages, spurred by Freddie Mac’s...not taxed...
3 timely HELOC benefits that home equity loans don't offer
CBS News· 6 days agoHome equity loans offer fixed rates and payments alongside lump-sum funding. While both home equity...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 6 days agoBut in an environment of high interest rates, people with lower interest rate mortgages may be...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 3 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month ...
Weekly Mortgage Rates Fall, But Existing Home Sales Sag - NerdWallet
Nerdwallet· 5 days agoIn what should be a reassuring display of good timing, mortgage rates fell for the third week in a...
Priced out of home ownership - 'It makes me want to throw up'
BBC via Yahoo Finance· 22 hours agoThey did not lock in the rate then, unaware borrowing costs might shift significantly. When they...
Most Renters Think the American Dream of Owning a Home Is Dead. Are They Right?
The Motley Fool via AOL· 2 days agoSo...them for loans in the 7% range, which is what buyers are looking at today. Also, buyers who...
Why homes in most metropolitan areas could be overvalued - Marketplace
Marketplace· 6 days agoAccording to a recent report from Fitch Ratings, home prices in 90% of metropolitan areas are...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 5 days agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
Market Watch· 4 days agowill give eligible buyers a second-lien loan of up to $15,000, in the form of down-payment...