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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 1 day ago“Most reverse mortgages are due within one to six months after the owner has died.” Are there any tax implications when paying back a reverse< ...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA Today· 4 days agoIn a recent poll, 71% of potential first-time homebuyers said they won’t enter the market until ...
Hancock Whitney (HWC) Loan Balance Solid, Asset Quality Weak
Zacks via Yahoo Finance· 2 days agoHancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 4 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 3 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 5 days agoRate constant as inflation and inflation expectations fall would raise ex-post real rates, which...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 days agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 3 days agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
UK inflation slows to near three-year low
Alaska Superstation· 4 days agoBritain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 4 days agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
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