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The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 5 days agoNow that rates have more than doubled, homeowners are again behaving logically: ...according to...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 2 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 7 hours 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 with the buydown ...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 2 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 3 days agoTo Define A Home Equity Loan A home equity loan allows a homeowner to convert existing equity in...
Mortgage rates tick down again after modest gains on inflation
Bankrate via Yahoo Finance· 3 days agoBased on a 20 percent down payment and a 7.09 percent mortgage rate, the monthly payment of $2,189...
Las Vegas builders optimistic about market
Las Vegas Review-Journal· 1 day agoA lot of those people locked into their loans at 3 percent and 4 percent aren’t going to sell their home right now unless they have to and jump into a 7...
Majority of rates rise | Mortgage rates for May 24th, 2024
Bankrate.com· 2 days agoMortgage interest rates were mostly up versus last week, according to rate data collected by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo mortgages moved higher ...
9 Ways the Middle Class Can Save on Auto Expenses
GOBankingRates via Yahoo Finance· 11 hours agoSpending money on your car is a given -- between the gas, insurance, maintenance and whatever else the road has in store. It's typically expensive to own...
Mortgages and loans to pay for home renovations
Bankrate via Yahoo Finance· 4 days agoMae HomeStyle Renovation loan allows borrowers to either buy a place that needs repairs or refinance their existing home loan and get money for...