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HUD Updates Home Equity Conversion Rules for Purchases | JD Supra
JD Supra· 2 days agoDevelopment (HUD) issued Mortgagee Letter 2024-06, announcing changes to the Home Equity Conversion Mortgages (HECMs) for purchases (H4P loans), a mortgage ...
Gold Edges Lower Ahead of U.S. Inflation Data
The Wall Street Journal· 13 hours agoGold edged lower in early Asian trade. Investors were wary ahead of U.S. inflation data and its implications for the Fed’s interest rate path, ANZ Research analysts said.
Zero-down mortgages are making a comeback - Boston News, Weather, Sports | WHDH 7News
7 News Boston· 1 hour agoInstead, the program will allow buyers to pay for 97% of the home’s value with a first mortgage and...
Goldman Sachs shifts interest-rate outlook ahead of key inflation report
TheStreet via Yahoo Finance· 2 days ago“Inflation is likely to be much improved by September, but still at a rate that makes cutting a less...
Everyday Cheapskate: Winter is coming, and it’s already time to start thinking about heat costs
The Post-Standard· 7 days agoDear Cheapskate: We need a new furnace before next winter. The companies we’ve spoken to offer...
Freddie Mac’s big move
The Hill· 2 days ago“In the current mortgage interest rate environment, a closed-end second mortgage may provide a more affordable option to homeowners than obtaining a new...
Canada's BMO profit misses on higher loan loss provisions; shares sink
Reuters via Yahoo Finance· 1 day ago(Reuters) -Bank of Montreal on Wednesday reported weaker-than-expected quarterly profit, hurt by...
Linda Leitz: Taking the steps toward home ownership
Colorado Springs Gazette· 4 days agoOwning a home can be a source of security and pride. It can also be a source of building your net worth and financial security over time. Don’t let the
ECB’s Knot: Key Rate Seen Falling Slowly in Response to ‘Bumpy’ Data
The Wall Street Journal· 2 days agoThe European Central Bank will lower its key interest rate to less restrictive levels this year, but...
93% of Americans Are Worried About Inflation. How Rising Prices Are Changing How We Spend and Save
CNET· 9 hours agoAfter nearly two years of the Federal Reserve hiking rates and now holding them steady, inflation is...
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