Mortgage rates forecast: Expected trends for 2024
USA Today· 5 days agoIt’s no secret that home loan interest rates are at generational highs and reducing the purchasing power of first-time and repeat homebuyers as a result....
FHA loan: 2024 requirements and how to qualify
Yahoo Personal Finance· 4 days agoFHA loans were the original low-down-payment option. A FICO score of 580 or higher will qualify a borrower for a down payment of only 3.5%. A credit...
Current 30-year mortgage rates
USA Today· 3 days agoMortgages commonly have 30- or 15-year repayment terms, with many lenders offering both options. Here’s a look at 30-year mortgages, current rates, how...
First-Time Homebuyer’s Guide to Mortgage Loans, Programs and Incentives
GoBankingRates via AOL· 5 hours agoFirst-time buyers often face a number of obstacles to purchasing their home. With an average age of...
How soon can you refinance a mortgage?
CNN.com· 7 days agoIf you recently got your mortgage and are less than thrilled about the interest rate or other terms, you may be looking to refinance as quickly as...
Unveiling homeownership challenges: Data reveals insights for aspiring buyers
The Salem News· 6 days agoFHA-backed and conventional loans. While FHA-backed loan applicants face specific prerequisites,...
How to get a no-down payment mortgage
Bankrate via AOL· 7 days agoAdditionally, you’ll have to pay for FHA mortgage insurance, which adds to your monthly payment and the cost of the loan. You’ll pay these premiums for...
How to finance a mobile or manufactured home
Bankrate via Yahoo Finance· 4 days agoThere are a few options to consider when financing a mobile home. FHA loans HUD offers mobile home loans through the Federal Housing Administration loan...
Today's mortgage rates remain unchanged for 15-year terms while 30-year terms fall
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.625% as of December 7, which is 0.250...
Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 days agoThese include: Do not have a government-backed loan: You cannot have an FHA loan, USDA loan or VA loan< ...