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Mortgage Rates Dip After Nearly Doubling in the Last Six Months
SmartAsset via AOL· 2 years agoAs of today, June 30, 2022, the average mortgage rate for a 30-year fixed dropped 0.11% from last...
Perplexed by FHA Mortgage Insurance? This Example Can Help You Understand It Better
SmartAsset via Yahoo Finance· 12 months agoFHA mortgages and mortgage insurance are government programs intended to help first-time homebuyers...
Mortgage Getting Transferred? Don't Panic
SmartAsset via Yahoo Finance· 2 years agoA mortgage can be transferred from one lender to another, from one servicing company to another and from one borrower to another. It is even possible for...
Is This Type of Mortgage Ever a Good Idea?
SmartAsset via Yahoo Finance· 2 years agoA junior or second mortgage is a loan secured by a property that already has another mortgage on it. If a borrower defaults, the holder of a junior...
What Exactly Determines Mortgage Rates?
SmartAsset via Yahoo Finance· 10 months agoBuying a home is a major milestone. Therefore, deciding on how you should pay for it will also have important long-term consequences. If you can buy your...
Have a Mortgage? You Really Need to Calculate This Number
SmartAsset via AOL· 2 years agoA mortgage constant, also referred to as the mortgage capitalization rate, is a percentage of the...
Reverse Mortgage vs. HELOC vs. Home Equity Loan: Which Is Cheapest?
SmartAsset via Yahoo Finance· 4 months agoIn basic terms, home equity is the percentage of your home's overall value that you personally own....
Loan Modification vs. Refinance: How to Determine Which Is Right For You
SmartAsset via Yahoo Finance· 1 year agoA low interest rate environment coupled with the effects of the volatile rate environment in recent...
Is It a Good Idea to Use My 401(k) to Pay Off My Mortgage?
SmartAsset via AOL· 3 weeks agoThe government offers several incentives for retirement accounts like 401(k)s. For instance, they're...
Can I Get a Mortgage With Only Social Security Income?
SmartAsset via Yahoo Finance· 1 year agoOld age and a fixed income does not preclude you from getting a home loan. You may not qualify for a...
