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One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
MarketWatch via Yahoo Finance· 1 day agoHousing activity is expected to slow in 2024, Fannie Mae said in a forecast published in May, as ...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 days agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Weekly Mortgage Rates Fall, But Existing Home Sales Sag - NerdWallet
Nerdwallet· 2 days agoIn what should be a reassuring display of good timing, mortgage rates fell for the third week in a...
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 ...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 5 days agoNow that rates have more than doubled, homeowners are again behaving...lock-in effect? When housing...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 1 day agoInflation has fallen from a colossal 10.7pc when he took office to 2.3pc today, although given the...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via AOL· 3 days agoBut like any financial product, second mortgages come with their own set of risks. Homeowners...
Mortgage rates tick down again after modest gains on inflation
The Day· 2 days agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates have bounced around ...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 2 hours agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
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 ...