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Americans typically spend about 24% of their income on mortgage payments
FOX Business· 4 days agoThe average monthly payment that Americans face on a mortgage with a 20% down payment was $2,037,...
Q1 2024 mortgage lending activity declines to near-record low - HousingWire
HousingWire· 1 day agoCited culprits behind the decline include tight inventory levels, elevated mortgage interest rates...
Freddie Mac reports dip in 30-year mortgage rates By Investing.com
Investing.com· 1 day agoFreddie Mac (OTCQB: FMCC (OTC:FMCC)) announced today that the 30-year fixed-rate mortgage (FRM) has...
Purchase mortgage demand drops 13% year over year: MBA
HousingWire via Yahoo Finance· 3 days ago“Mortgage rates moved slightly higher last week, with the 30-year conforming rate reaching 7.07...
Housing market hit hard by high mortgage rates
Newsweek· 3 days agoThe depressed activity in the mortgage market came amid rising costs of home loans, Mike Fratantoni, MBA's chief economist, said in a note shared with...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 4 days agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with
How Does Mortgage Interest Work?
GoBankingRates via AOL· 6 days agoHomebuyers have two costs to consider when planning a home purchase. The first is the purchase price, which they negotiate with the sellers. The second...
Axios D.C.
Axios· 5 days agoEnter a wave of new companies created to help buyers find...the Alexandria-based AssumeList. What they're saying: "Buyers are screaming for help with finding homes with low interest ...
How to Apply for a Non-Qualified Mortgage
Investopedia· 4 days agoA non-qualified mortgage does not have to meet the lending standards of the Consumer Financial Protection Bureau (CFPB), so it can offer more flexible...
Buy now? Wait? What homebuyers are asking in today’s high-price market
Orange County Register· 1 day agoAs the saying goes, “Marry the property, date the rate.”
