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Mortgage rates dip below 7% for the first time in over a month
AOL· 2 days agoThe average 30-year fixed mortgage rate fell below 7% for the first time since early April, hitting 6.94% from 7.02% a week prior, according to Freddie ...
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...lock-in effect? When housing...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 days agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Mortgage rates tick down again after modest gains on inflation
The Day· 2 days agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates have bounced around ...
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...
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
CBS News· 4 days agoUnfortunately, the remainder of 2024 may not offer much relief, at least according to economists at ...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 24 hours agoInflation has fallen from a colossal 10.7pc when he took office to 2.3pc today, although given the...
How Wealthsimple is trying to beat the big banks at their own mortgage game
Financial Post via Yahoo Finance· 23 hours agorate — still decent, mind you, but they sure as heck could’ve made this simpler and more intuitive...
Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline
RTT News· 3 days agoWith the 30-year fixed mortgage rate decreasing for the third straight week, the Mortgage Bankers Association released a report on Wednesday ...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via AOL· 3 days agoBut like any financial product, second mortgages come with their own set of risks. Homeowners...