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New homes remain in demand as mortgage applications rise in May
HousingWire via Yahoo Finance· 24 hours agoThe FHA share of new-home mortgage applications in May was 26.5%, the highest share since...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 2 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed ...
Current Refinance Rates: June 10, 2024—Rates Inch Up
Forbes· 4 days agoThe rate on a 30-year fixed refinance increased today. The average rate for refinancing a 30-year fixed mortgage is ...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via Yahoo Finance· 2 days agoBorrowers who’ve improved their credit score in recent months may also be able to lock in a lower ...
Refi business is picking up on falling mortgage rates - HousingWire
HousingWire· 2 days agoMortgage applications shot up 15.6% from one week earlier, according to data from the Mortgage...
VA loan benefits and disadvantages
Bankrate via AOL· 2 days agoEasier qualifications The VA doesn’t set a credit score...compensating factors. Convenient refinancing options A VA cash-out refinance option allows...
Are zero-down mortgages making a comeback?
The Hill· 1 day agoToday’s typical down payment for a new home is $56,000, which is out of reach of many potential buyers. One of the nation’s largest mortgage lenders is...
Home sales slow and prices still high in Coachella Valley
The Desert Sun via Yahoo Finance· 2 hours agoIf that happens, he said to expect the market to get much busier, with more buyers hopping in and...
What is a cash-in refinance, and how does it work?
Yahoo Personal Finance· 2 days agoWith a cash-in refinance, you make a large lump-sum payment, so your new mortgage has a lower principal. Learn whether a cash-in refinance is a good fit...
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Chicago· 4 days agoHomeowners with mortgages have $17 trillion in home equity, near a record high, according to...
