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Mortgage rates for June 3, 2024: Rates trending about the same
USA Today· 4 days agoThe average rate on a 30-year jumbo mortgage is 7.55%. The average mortgage rate for 30-year fixed loans rose slightly today to 7.55% from 7.52% last week ...
CFPB Expands ‘Junk Fee’ Crackdown to Mortgage Closing Costs | JD Supra
JD Supra· 1 day agoFollowing a recent call for consumer input, the Consumer Financial Protection Bureau (CFPB) announced it will launch a formal public inquiry into so-called “junk fees” that the Bureau claims ...
Is private mortgage insurance (PMI) tax-deductible?
Bankrate via AOL· 7 days agoPMI on a second property only qualifies if the home was used by you personally, not rented out. There were also restrictions to PMI deductions,...
Don't Blame The Avocado Toast: Millennials And Gen Z Getting Better Mortgage Rates
Benzinga via Yahoo Finance· 2 days agoAccording to a recent report from Freddie Mac, Millennials and Gen Xers are securing lower mortgage...
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but...
Fortune· 2 days 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, United Wholesale ...
Zero-Down Payment Mortgages Return Amid High Housing Costs
Benzinga· 3 days agoUnited Wholesale Mortgage (UWM), with billionaire Mat Ishiba at the helm, has launched a new...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 19 hours agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
U.S. mortgage rates climb back above significant threshold - Dayton Business Journal
The Business Journals· 5 days agoFreddie Mac reports the 30-year fixed mortgage rate averaged 7.03% for the week ending May 30 — up...
Housing market hit hard by high mortgage rates
Newsweek· 2 days agoHomebuyers retreated from the market for the week ending May 31 as they balked at high mortgage rates, sending applications for home loans plunging...
Is It A Deal Or Chicanery?
National Mortgage Professional· 4 days agoThe mortgage industry has seen a glimmer of hope as industry experts forecast declining rates in 2024. The Mortgage Bankers Association (MBA), Lawrence...