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Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 1 day agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoUntil recently, people in that age group hadn’t seen a 7% interest rate on a conventional mortgage...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 5 days agoOne obvious difference between now and then is that homeowners’ personal balance sheets are much...
Mortgage rates fall for a second straight week
Consumer Affairs· 7 days agoHome affordability might have slightly improved this week. Freddie Mac reports mortgage rates appear to have reversed course, at least for now. “
New-Home Construction Rebounds in April Despite Higher Mortgage Rates
San Francisco Chronicle· 5 days agoConstruction of new homes ticked up last month despite higher mortgage rates, partly reversing a...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 2 days agoOlder homeowners may contemplate the traditional methods, but depending on the person, they may be...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 12 hours agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 2 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...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 7 hours ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 3 days agoKeeping Bank Rate constant as inflation and inflation expectations fall would raise ex-post real...