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Freddie Mac’s big move
The Hill· 4 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...
Denmark has the solution to America's broken housing market
Business Insider via Yahoo Finance· 3 days agoIf they sell their home for $700,000, they get to pocket $300,000 instead of only $200,000 (not...
Homeowners Face Higher Refi Rates: Refinance Rates for May 27, 2024
CNET· 6 days agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red Ventures. Because mortgage refinance rates have been averaging above 6.5% over the past several ...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 3 days agoMillennials also have the highest average loan amount and the highest average remaining balance on their homes. This generation is more likely than Gen X or baby boomers to ...
Majority of rates rise - Mortgage rates for today, May 29th, 2024
Bankrate.com· 4 days agoAverage mortgage rates were mostly up versus last week, according to data collected by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo loans moved higher, while 5/1 ARM rates ...
Dow Drops Nearly 400 Points; Treasury Yields Climb
The Wall Street Journal· 4 days agoAll three major U.S. indexes were in the red, with the Dow industrials declining nearly 1%, as investors are once again getting jittery about the...
Goldman Sachs shifts interest-rate outlook ahead of key inflation report
TheStreet via Yahoo Finance· 4 days agorate cuts as optional, which lessens the urgency. 2. “Inflation is likely to be much improved by...
Justice Alito Waves Off Recusal Calls: ‘My Wife Is Fond of Flying Flags. I Am Not.’
The Wall Street Journal· 3 days agoSupreme Court Justice Samuel Alito rejected calls to sit out pending cases involving former...
FHA vs. conventional loan: Which should you choose?
Yahoo Personal Finance· 4 days agoThe main differences between FHA vs. conventional loans are credit scores, down payments, and mortgage insurance. Learn which type of mortgage is right...
What does it take to buy a house? Increasingly, Mom and Dad.
Washington Post via Yahoo Finance· 5 days agoHome buyers are increasingly turning to family members, most often parents, for help buying a house...