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Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 7 days agoWith this type of loan, you'll pay only interest for a set period of time. When that...adjust down. Who is an adjustable-rate mortgage
What Is Mortgage Insurance? How It Works and Who Should Have It
GoBankingRates via AOL· 6 days agoMortgage insurance makes it possible to buy a home with little or no money down, and in certain...
Has your home value risen? Here's why you may no longer need to pay PMI
CBS News· 4 days ago"Its purpose is to safeguard the lender in case the borrower defaults on mortgage payments," says...
VA extends moratorium on home foreclosures for veterans in default
Stars and Stripes· 2 days agoMore than 40,000 veterans who fell behind on their mortgages will get seven more months to catch up...
FHA cash-out refinance: Requirements and guidelines
Yahoo Personal Finance· 2 days agoAn FHA cash-out refinance lets you refinance into a new FHA loan and tap into your home equity to receive cash. Learn if you qualify for an FHA cash-out...
Careful! 3 Things to Know About the New 0% Down Mortgages for First-Time Home Buyers
InvestorPlace· 5 days agoDownpayments for houses may not be necessary now that the United Wholesale Mortgage (UWM) has announced a program fit for their budget, offering 0% downpayment for
Daily mortgage rates for May 29, 2024: Rates on 30-year mortgage climb higher above 7%
AOL· 2 days agoThe current average interest rate for a 30-year fixed mortgage is 7.13% for purchase and 7.15% for...
Rural home buyers break from America's housing market trend
Newsweek· 2 days agoThe share of government-supported mortgages aimed at helping home buyers in rural areas rose...
How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 7 days agoThis is much like refinancing the loan as the original borrower. The heirs can then use the home however they wish, so long as their ...
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
Forbes· 2 days agoThe program was initially designed to "meet the special needs of elderly homeowners by reducing the...
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