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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· 1 day agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 1 day ago“In these situations, lenders offset the shortfall by increasing the remaining outstanding...
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 21, which is unchanged from...
Stratmor, Teraverde Deal A 'Merger Of Equals'
National Mortgage Professional· 3 hours agoIt’s well performed, I'm told, at mortgage conferences. In one, easy motion sweep a saber (or any heavy kitchen knife) upward under the lip of a...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 1 day agoIt's a second mortgage, which means an additional payment on top of the primary mortgage, and...
Mortgage rates today, May 17, 2024: Lower rates give home buyers flexibility
Yahoo Personal Finance· 6 days agoThese are today's mortgage rates. Compared to two weeks ago, today's 30-year rate could save you...
Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline
RTT News· 1 day agomortgage applications in the week ended May 17th. The MBA said the Market Composite Index, a measure of mortgage loan application volume, jumped 1.9 percent ...
Mortgage rates today, May 19, 2024: Rates inch down but remain high overall
Yahoo Personal Finance· 4 days agoFixed-rate vs. adjustable-rate mortgages With a fixed-rate mortgage, your rate is locked in for the...
MBA: Mortgage Applications Increased in Weekly Survey
Calculated Risk· 1 day agoFrom the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.9 percent from one week earlier,...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 1 day agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375% ...
