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Is a HELOC or home equity loan better to borrow $80,000?
CBS News· 6 hours agoWith just over $300,000 worth of equity, the average homeowner has a significant amount of money...
FHFA issues 2023 annual report and noted challenges in housing market | JD Supra
JD Supra· 15 hours agoThe report highlighted the current housing market’s tight supply of homes, high construction costs, and rising interest rates. The report also discussed the conservatorships of Fannie Mae and ...
The 7 best low-interest personal loans of 2024, and how to snag a competitive rate
CNN.com· 11 hours agoPersonal loan interest rates range from 7% to 36%, but the average rate for a 24-month loan was...
Virginia woman at risk of losing home after this 1 specific mortgage came back to haunt her
Moneywise via AOL· 2 days agoHomeowners may be able to settle the debt for a reduced amount or establish a payment plan that fits...
0621-Business briefs
telegraphherald.com· 4 days agoU.S. stock indexes edged back from their records Thursday, weighed down by a dip for Wall Street darling Nvidia, following a mixed set of reports on the economy. The S&P 500 dropped 0.3% from ...
Thousands of homebuyers flock to new 0% down payment mortgages
Newsweek· 6 days agoThe mega mortgage lender launched in mid-May a program offering qualifying borrowers a 3 percent...
Troubled loan trend reaches high-profile Fairview Park building - Washington Business Journal
The Business Journals· 4 days agoA $90 million note secured by the office high-rise at 2941 Fairview Park in Fairfax County has been...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 4 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant ...
Should you use a HELOC to pay your kid's college tuition?
Detroit News· 1 day agoA home equity line of credit, or HELOC, is one way to turn that equity into usable funds. Because a HELOC is a second mortgage, your primary home loan's interest ...
How to Escape From a Zombie Mortgage
US News & World Report· 4 days agoA zombie mortgage is generally an old second mortgage that unexpectedly resurfaces after you'd thought it had been resolved. Whatever other action you decide ...