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Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 3 days agoBut homeowners carrying a low fixed-rate mortgage may feel locked into their current home due to the...
They bought homes with the intention to refinance. Now they’re stuck
Sun-Sentinel· 6 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Questions to ask a mortgage lender
Bankrate via AOL· 3 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...
Unwilling to Sell, Homeowners Are Remodeling Instead
US News & World Report· 7 days agoNews. Between May 23 and 30, U.S. News ran a nationwide survey of 1,202 homeowners who have a home improvement project in the works, conducted through PureSpectrum. Over half of homeowners ( ...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune via Yahoo Finance· 3 days agoCapital Economics says “mortgage demand and sales activity won’t recover until rates fall...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune· 3 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.
Inside Business: Flanery: Federal Reserve holds the line amidst economic challenges
Estes Park Trail Gazette· 23 hours agoIn its latest meeting, the Federal Reserve opted to maintain interest rates, continuing its...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 3 days agoHome equity is near all-time highs. Total home equity for U.S. mortgage holders rose to more than...
This NY woman wants to buy a home despite $115K of debt — Dave Ramsey co-hosts had 'aggressive'...
Moneywise via Yahoo Finance· 5 days agoHigher inflation can result in higher interest rates for HELOC loans. In addition, the current...
I’m an Economist: Here Are My Predictions for the Housing Market If Biden Wins Again
GoBankingRates via AOL· 4 days agoThe 2024 election is getting closer, and a lot of Americans are wondering how the outcome could...