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The "Home ATM" Mostly Closed in Q1
Calculated Risk· 7 hours agoDuring the housing bubble, many homeowners borrowed heavily against their perceived home equity - jokingly calling it the “Home ATM” - and this contributed ...
Zero-down mortgages are back sparking fears of being the new subprime loans which caused the 2008...
The Independent via Yahoo News· 4 days agoA new “zero-down” mortgage program has sparked concern of fueling another housing bubble given its...
Nvidia Just Announced a Stock Split. History Says This Is What Happens Next.
Motley Fool via Yahoo Finance· 13 hours agoHowever, the bank's research team said that the edge from stock splits persisted even in more...
China’s Exports Surge More Than Expected in Economic Boost
Bloomberg via Yahoo Finance· 19 hours ago(Bloomberg) -- China’s exports climbed more than expected in May, boosting hopes that the world’s...
A shady financial tool from the housing-bubble era is making a comeback
CNN Business via Yahoo Finance· 4 days agoAmerica’s gummed-up housing market is a $45 trillion mess — a big old knot of economic forces...
They bought homes with the intention to refinance. Now they’re stuck
Detroit News· 1 day agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Over Half of Vanguard's Sector ETFs Are Within 3% of All-Time Highs. Here's My Top Pick to Buy Now
Motley Fool via Yahoo Finance· 7 days agoThe level is currently around 100, which means a lot of people cannot afford a home under those...
Zero percent down mortgages might help more first-time homebuyers break into the housing market—but...
Fortune via AOL· 2 days agoUnited Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the...
Buying a House in America Is Hard These Days
KOAM· 3 days agoHouse prices keep going up, and the Fannie Mae Home Purchase Sentiment Index shows 79% of consumers think now is a bad time to buy. Buying a home is an...
San Francisco has only agreed to build 16 homes so far this year
Newsweek· 4 days agoCity authorities permitted the construction of only 16 housing units in San Francisco, one of the...