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Zero-down mortgages are making a comeback
CNN Business via AOL· 6 days agoIn the years leading up to the bubble, lenders came up with new products like adjustable rate mortgages and no down-payment loans that ended up blowing...
Mortgage rates top 7% — again
Yahoo Finance· 6 days ago"Borrowers remain sensitive to small increases in rates, impacting the refinance market and keeping purchase applications below last year's levels," said...
How does escrow work when buying a home?
Yahoo Personal Finance· 12 hours agoAn escrow account holds money for your home insurance, property taxes, and PMI that goes toward your monthly mortgage payment. Learn how escrow affects...
Wall Street wants second mortgages expanded for 'the next big U.S. stimulus.' Is that wise?
Fast Company Magazine· 17 hours agoBack in April, Freddie Mac filed an official proposal with the Federal Housing Finance Agency,...
Personal loan alternatives for bad-credit borrowers
Bankrate via AOL· 2 days agoYou could pay taxes or penalties if you leave your job before the balance is paid off. You also can’t borrow over $50,000 or 50 percent of your vested...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 2 days agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest rates below 6% has ...
Home prices not budging, hit new high in March: Case-Shiller
FOX Business· 6 days agoHome prices continued to increase in March, reaching a new high despite homebuyers shying away from...
Inflation seems to be cooling again. Americans aren’t buying it
CNN Business via AOL· 6 days agoAmericans aren’t convinced that inflation is moderating. A majority expect interest rates to rise...
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but...
Fortune· 5 hours agoOf course, you can sometimes put down 10% or 5%—in which case, a down payment would cost $78,600 or $39,300, respectively, for the average home in California today. Last month ...
PenFed Credit Union mortgage review
Yahoo Personal Finance· 2 days agoPenFed offers several mortgage types but specializes in VA loans. The credit union caps its VA loan processing fee at $995. Lock in your rate with PenFed...
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