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Mortgage-bond funds haul in billions in April
Market Watch· 4 days agoThe five days of trade ending on May 1 saw $717.3 billion of inflows to mortgage-backed securities bond funds, adding to the $3.72 billion monthly tally...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 5 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 6 days agoConsider a home equity loan or HELOC. While mortgage refinancing is on the wane, many homeowners are...
CMHC beats targets for new homes in 2023, despite economic challenges
Financial Post via Yahoo Finance· 13 hours ago“Rising interest rates to tame...which provides low-interest loans to partner organizations, and the...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 1 day agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
Return to the '70s? Today's housing market has echoes of dark era.
Yahoo Finance· 21 hours ago“Buyers, even first-time homebuyers, are finding a way to purchase and afford something even at a 7%...
Flagstar Bank mortgage review 2024
Yahoo Personal Finance· 5 days agoFlagstar Bank is a great mortgage lender for FHA loans, but it has many other types of home loans, too. Learn whether Flagstar Bank is the right lender...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Gannett via AOL· 5 days agoKrishna said Rocket also grew its market share in the first quarter for home purchase loans as well...
Here Are Today's Refinance Rates: May 2, 2024—Rates Fall
Forbes· 5 days agoThe rate on a 30-year fixed refinance declined today. The average rate on a 30-year fixed mortgage refinance is 7.79%, according to Curinos ...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 6 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...