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Mortgage rates just fell below 7% - here's how much the monthly payment is now on a $400,000 house
Morningstar· 2 days agoMortgage rates fell for the third week in a row, pushing the 30-year rate below 7% for the first time in over a month. The 30-year fixed-rate< ...
I Just Told My Friend Not to Make Extra Payments on Her Mortgage. Here's Why
The Motley Fool via AOL· 10 hours agoYou'll often hear that it's smart to pay off a mortgage ahead of schedule, but this advice doesn't...
Weekly Mortgage Rates Fall, But Existing Home Sales Sag - NerdWallet
Nerdwallet· 4 days agoIn what should be a reassuring display of good timing, mortgage rates fell for the third week in a...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 3 days agoWho is an adjustable-rate mortgage best for? Adjustable-rate mortgages can be advantageous in certain situations.
Pros and cons of a cash-out refinance
Bankrate via AOL· 6 days agoHere’s when it might make sense to get a cash-out refinance: Lower interest rate: When you can lower the interest rate on your
Priced out of home ownership - 'It makes me want to throw up'
BBC via AOL· 13 hours agoInstead, since January mortgage rates have mostly moved higher. Mimi Than, a 29-year-old who...
I Just Told My Friend Not to Make Extra Payments on Her Mortgage. Here's Why
The Motley Fool· 10 hours agoMy friend Tina and her husband Sean bought a house in 2020 at what I'd call the perfect time. Since...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 6 days agoThe notice said, "A significant portion of borrowers have low interest rate first mortgages, and the...
Today’s Refinance Rates May 23, 2024: Rates Decrease
Newsweek· 5 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.06%, compared to 7.20% a week earlier. For borrowers who want a shorter ReFi, the average rate...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 5 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage ...