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Variable rate mortgages are the best bet to save you money after Bank of Canada cut
Financial Post via Yahoo Finance· 2 hours agoOf course, while it hasn’t happened often, rates can reverse higher after a few cuts. That can occur...
Finance of America hit with layoffs; chief retail sales officer steps down - HousingWire
HousingWire· 21 hours agoLeading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are...
Beyond the Basics: 10 Powerful Benefits of Reverse Mortgages
TheStreet.com· 3 days agoWhat would retirement be like if you didn’t have to make a monthly loan payment? Imagine the financial freedom you could achieve if you no longer had to make a monthly < ...
Investors don't want a stronger economy — they want rate cuts: Morning Brief
Yahoo Finance· 5 hours agoAnd elevated rates have squeezed many parts of the economy. It's not hard to see why consumer...
To emphasize flood insurance costs, senator cites reverse mortgage borrower - HousingWire
HousingWire· 2 days agoWith flood insurance premiums commanding ever-higher prices, a U.S. senator recently described a...
March reverse mortgage data shows retail outpaced wholesale - HousingWire
HousingWire· 6 days agoHome Equity Conversion Mortgage (HECM) endorsements declined by 4.2% in March, a dynamic primarily...
Reverse mortgage volume, securities issuance improve further in May - HousingWire
HousingWire· 2 days agoGood numbers are always encouraging but must be taken in concert with broader business realities,...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 6 days agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...
Mortgage rates reverse 3-week slide, rising back above 7%
OregonLive.com· 7 days agoThe average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at...
Find competitive rates for HELOCs in June 2024
CNN.com· 3 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...