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Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 2 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 Yahoo Finance· 2 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...
What is the VA funding fee?
Bankrate via Yahoo Finance· 5 days agoVA funding fee for refinancing You can also use the VA loan program to refinance your mortgage. The funding fees are: Refinance type ...
Opinion | The Great Interest Rate Debate
New York Times· 2 days agoMr. Krugman is an Opinion columnist. The Fed meets Tuesday and Wednesday to talk about interest rates, which many voters are really frustrated about....
How to find the best FHA mortgage lender
Bankrate via Yahoo Finance· 2 days agoMany lenders let you lock in your interest rate for a set period while you’re shopping for a home. This can make the cost of your mortgage</ ...
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
Market Watch· 4 hours agoThe longer rates stay high, however, the harder it will be for the Fed to repair its balance sheet....
Home equity hazards: The risks of tapping your property’s value
Bankrate via AOL· 2 days agoHome Equity If you have a HELOC and the value...will probably be frozen, and you will no longer be...
Mortgage Meltdown — U.S. Lending Crashes 70% After Pandemic Homebuying Surge
Benzinga· 5 days agoLenders issued 1.28 million residential mortgages worth $405.6 billion during the first quarter,...
Today’s Refinance Rates June 12, 2024: Rates Rise
Newsweek· 14 hours agoThe current average ReFi rate on a 30-year fixed ReFi is 7.12%, compared to 7.10% a week earlier. For borrowers who want a shorter ReFi, the average rate
Consumers want credit products despite high interest rates: TransUnion
FOX Business· 1 day agoThe high interest rate environment has done little to dampen the appetite for credit products, a...