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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 days agoUnlike existing homes, most new homes were built with the current market in mind. The builder knows...
Types of home improvement loans to fit your project
Bankrate via Yahoo Finance· 18 hours agoHowever, you usually can’t borrow more than 80 percent of the value of your home. That said, a cash-out refinance may not make sense as a renovation loan...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 1 day agoBy historic standards, the current Bank rate of 5.25pc is approaching the long-run average. Even so,...
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 ...
Americans are trying to change their mortgages
Newsweek· 3 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage
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...
Today’s Refinance Rates May 24, 2024: Rates Rise
Newsweek· 1 day agoThe current average ReFi rate on a 30-year fixed ReFi is 7.04%, compared to 7.03% a week earlier. For borrowers who want a shorter ReFi, the average rate...
Pros and cons of a cash-out refinance
Bankrate via AOL· 4 days agoClosing costs: Just as you paid closing costs on your original mortgage, you’ll pay similar expenses when you refinance. (The good news: Refinance ...
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
CBS News· 5 days agoUnfortunately, the remainder of 2024 may not offer much relief, at least according to economists at ...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 3 days agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375% ...