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Housing market seeks Fed rate-cut relief as sales slump
TheStreet via Yahoo Finance· 1 day ago“We are in an unusual situation because a lack of progress on reducing shelter inflation, which is ...
How does a fixed-rate HELOC work?
Bankrate via AOL· 1 day agoFixed-rate HELOCs offer protection in such climates. That was mortgage lender Guaranteed Rate’s thinking in adding a fixed-rate ...
Why you may want to refinance your mortgage soon
CBS News· 23 hours agoAgainst this backdrop, homeowners who purchased a home in recent years may want to consider refinancing. Start by seeing what mortgage refinance rate you...
Should I go into debt to fix up my home? High interest rates put owners in a bind
USA Today· 1 day agoOne in 5 homeowners has taken on debt to cover maintenance and other “hidden costs” of...
What is the state of the UK economy as the election looms?
PA Media: Money via Yahoo Finance· 5 hours agoInterest rates had been at historically low levels in the UK following the aftermath...millions of...
Do I lose home equity after refinancing?
Bankrate via AOL· 4 days agoThis means you have to manage two monthly payments. Still, it can be a good option if you want to keep the current interest rate you ...
High Rates Dampen Builder Confidence
National Mortgage Professional· 1 day agoMortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a damper on builder sentiment,...
Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%
Fortune· 52 minutes ago“Down payments have always been important, but in the current market, where interest rates remain high and volatile and home values are stable or rising ...
Best VA loan lenders of June 2024
Yahoo Personal Finance· 4 days agoThe Special Freedom Lock allows an interest rate reduction of up to 0.50% if rates move lower before your loan closing, which is just one feature that...
How to refinance when you have a second mortgage
Bankrate via AOL· 3 days agoThat means that your rate may be slightly higher. In fact, many lenders require a loan...the amount you borrow can’t exceed 80 percent of your home’s...