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Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 5 days agoIt has proposed the purchase of single-family closed-end second mortgages from lenders. It says it...
Homeowners Seize Rate Dip To Restructure Mortgages
Benzinga via Yahoo Finance· 3 days agoA growing number of homeowners capitalized on the opportunity torefinance their mortgages for the week ending May 17, attracted by the most favorable...
Most Renters Think the American Dream of Owning a Home Is Dead. Are They Right?
The Motley Fool via AOL· 1 day agoAnd the reason there's not much inventory is that many homeowners refinanced in 2020 and 2021 when ...
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
MarketWatch via Yahoo Finance· 3 days agoThe government-sponsored enterprise expects the 30-year mortgage rate to average 6.7% in 2025. That...
Struggling to buy a home? A new 40-year mortgage might help
Fox 26 News· 6 days agoFor those who think they might not be able to buy a home in this economy -- you might be able to...
Rates decrease | Current mortgage rates for May 23rd, 2024
Bankrate.com· 5 days agoAverage mortgage rates sunk across the board compared to a week ago, according to rate data collected by Bankrate. The movement of fixed mortgage ...
30-year mortgage rate drops to a seven-week low
Market Watch· 5 days agoOn a week-over-week basis, the market index rose 1.9%, to 201.9, for the week ending May 17. Key details: The purchase index — which measures mortgage...
Pros and cons of a cash-out refinance
Bankrate via AOL· 6 days agoKey takeaways The benefits of a cash-out refinance include access to money at potentially a lower interest rate, plus tax deductions if you itemize. On...
Mortgages and loans to pay for home renovations
Bankrate via AOL· 6 days agoOne advantage of a HomeStyle...a single debt with one monthly payment; you don’t have to take out a loan for the mortgage and another loan for home...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 4 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...