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Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 2 days agoThe notice said, "A significant portion of borrowers have low interest rate first mortgages, and the...
Why homes in most metropolitan areas could be overvalued - Marketplace
Marketplace· 2 days agoAccording to a recent report from Fitch Ratings, home prices in 90% of metropolitan areas are...
Mortgage Applications Up for Third Week
RISMedia Real Estate News· 2 days agoThanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 2 days agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375% ...
Federal Reserve Minutes: Policymakers Saw a Longer Path to Rate Cuts
US News & World Report· 1 day agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to ...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 1 day agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
U.S. mortgage rates dip for second-straight week - Dayton Business Journal
The Business Journals· 4 days agoFreddie Mac reports the 30-year fixed mortgage rate averaged 7.02% for the week ending May 16 — down...
Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline
RTT News· 2 days agoWith the 30-year fixed mortgage rate decreasing for the third straight week, the Mortgage Bankers Association released a report on Wednesday ...
OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 2 days agoVariable-rate mortgages with fixed payments (VRMFP), which make up about 15 per cent of outstanding...
Lock-In Effect: Homeowners Cling To Lower Rates | Bankrate
Bankrate.com· 4 days agoAs mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to...
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