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Housing market hit hard by high mortgage rates
Newsweek· 3 days ago(MBA). The depressed activity in the mortgage market came amid rising costs of home loans, Mike Fratantoni, MBA's chief economist, said in a note shared...
Zero-Down Payment Mortgages Return Amid High Housing Costs
Benzinga via Yahoo Finance· 4 days agoUnited Wholesale Mortgage (UWM), with billionaire Mat Ishiba at the helm, has launched a new...
Mortgage Applications Fall 5.2% End Of May
National Mortgage Professional· 3 days agoMortgage applications fell 5.2% in the final week of May, asmortgage rates reached their highest level since early May, the Mortgage ...
How Long Will Interest Rates Stay High?
GoBankingRates via AOL· 7 days agoMortgage Rate Predictions for 2024 Through 2026 The average rate on a 30-year fixed-rate mortgage
Purchase mortgage demand drops 13% year over year: MBA
HousingWire via Yahoo Finance· 3 days ago“The market is relying on first-time homebuyer demand, and many first-time buyers do use government...
Mortgages Haven't Been This Unpopular In 23 Years
Investopedia· 3 days agoThe last time people took out as few mortgages as they did in the first quarter, some folks were still writing the year with a “19” by accident. Lenders...
Q1 2024 mortgage lending activity declines to near-record low - HousingWire
HousingWire· 2 days agoCited culprits behind the decline include tight inventory levels, elevated mortgage interest rates...
MBA: Mortgage Applications Decreased in Weekly Survey
Calculated Risk· 4 days agoMortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
Should I pay off my mortgage or invest?
Bankrate via AOL· 5 days agoYou won’t be able to access that equity unless you take out a second mortgage, do a cash-out refinance or sell the home. You’ll lose the ability to take...
How your mortgage affects your credit score
Bankrate via Yahoo Finance· 4 days agoThe time it’ll take depends on your current credit profile, but count on at least a year or so, especially if you’re considering a refinance. This...