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Here’s how wholesale lenders and brokers are navigating near-8% mortgage rates
HousingWire via Yahoo Finance· 8 months agoman holding concept interest rates on mortgages. Mortgage lenders are betting on down-payment...
Best FHA mortgage lenders in 2024
Bankrate via AOL· 5 months agoFHA loans — those insured by the Federal Housing Administration — come with more flexible financial requirements than conventional loans, making them...
Mortgage refinance: What is it and how does it work?
Bankrate via AOL· 7 months agoKey takeaways Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 2 hours agoKey takeaways Mortgage rates are high, but home prices keep rising — blame the lack of housing...
Reverse mortgage volume and securities issuance trend lower in December
HousingWire via Yahoo Finance· 5 months agoWhen assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023,...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 3 weeks agohome equity investments offer homeowners a way to unlock equity without taking on monthly payments...
Mortgage Rates Are the Highest Since 2008: 3 Companies to Avoid
Motley Fool· 2 years agoMortgage rates are moving higher. According to Freddie Mac, 30-year mortgage rates surpassed 6% for...
What is negative equity? A guide to underwater mortgages
Bankrate via AOL· 5 months agoKey takeaways Negative equity occurs when your home's value sinks below the amount you owe on it...
Banks seek workarounds to avoid mortgage default for struggling variable-rate borrowers
Financial Post via Yahoo Finance· 2 years agoCanadian banks are attempting to ease the burden on homeowners who can’t keep up with the rapid rise...
Experts: Mortgage rates won’t rise much more — but also won’t go down any time soon
Bankrate via Yahoo Finance· 8 months agoAfter plummeting to historical lows during the pandemic, mortgage rates have shot up faster than...