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What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via AOL· 4 days ago“Don’t fall into the trap of using an adjustable-rate mortgage as a crutch of affordability,” he...
Mortgage Rates Ease for Second Straight Week, Leaving Average Rate on a 30-Year Home Loan at 6.95%
US News & World Report· 3 days agoMortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it's been much of this year. The < ...
VA loan benefits and disadvantages
Bankrate via AOL· 4 days agoConvenient refinancing options A VA cash-out refinance option allows qualified veterans to borrow up to 100 percent of their home’s value in...
Originators cannot afford to play the interest rate waiting game - HousingWire
HousingWire· 2 days agoThe Federal Reserve signaled its intention to maintain higher-for-longer rates, confirming that a...
No interest in a U-turn: the ECJ affirms the right to interest on overpaid antitrust fines | JD...
JD Supra· 4 days agoThe European Court of Justice has issued its judgment in Deutsche Telekom confirming that the European Commission must pay “a standard rate” of interest to companies that ...
Mortgage experts offer advice for getting the best interest rate
Consumer Affairs· 3 days agoIn today’s dog eat dog housing market, being able to secure a lower mortgage rate can dramatically impact home affordability. From negotiating with lenders and exploring local ...
External debt hits $128.7B as of end-March - BusinessWorld Online
BusinessWorld· 7 hours agoData from the central bank showed that external debt rose by 8.3% from $118.8 billion in the same...
Rate-Cut Hopes Trigger Rally for Ditched Real Estate Stocks
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Even some of the most out-of-favor US stocks are being swept up in the latest rally,...
Conrad Fort Lauderdale Condo-Hotel Scores $80M Refi
The Real Deal· 4 days agoHeafey Group secured an $80 million refinancing of its loan backing the Conrad Fort Lauderdale Beach condo-hotel.
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 6 days agoTo give a simple example: let’s say a borrower has a home worth $500,000 and an outstanding $300,000...