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Consumers want a break on prices and interest rates but Fed keeps rates high
Gannett via AOL· 4 days agoThe federal funds rate currently remains within a target range of 5.25% to 5.5...federal funds...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 6 days agoHome equity is near all-time highs. Total home equity for U.S. mortgage holders rose to more than...
Questions to ask a mortgage lender
Bankrate via AOL· 6 days agoThere are soft and hard prepayment penalties. Here’s how they compare: Soft prepayment penalties let you sell your house without paying a fee. But if you...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune· 6 days agoAs the season winds down, mortgage applications, pending home sales, existing home sales, and listings for the last few months have all generally reflected that sentiment.
Good news, bad news: Mortgage rates drop, as home prices hit a record high
WCPO Cincinnati· 3 days agoAfter big run-ups in home prices the past three years, a lot of potential home buyers were hoping...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune via Yahoo Finance· 6 days agoCapital Economics says “mortgage demand and sales activity won’t recover until rates fall...
Why Your High Home Equity Might Be Hard to Tap. 6 Ways To Access That Money
GOBankingRates via Yahoo Finance· 1 day agoThe good news for homeowners in 2024 is that home equity is at a record high in the US. The bad...
What the Fed’s continued rate pause means for homebuyers and sellers
New Hampshire Union Leader· 3 days agoThe central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse...
I’m an Economist: Here Are My Predictions for the Housing Market If Biden Wins Again
GOBankingRates via Yahoo Finance· 6 days agoThe 2024 election is getting closer, and a lot of Americans are wondering how the outcome could...
Can you get a HELOC on an investment property?
Bankrate via AOL· 5 days agoYou must also itemize deductions on your tax return...includes down payments on other properties. Using a HELOC from a current investment property to...