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Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
FOX Business· 1 day agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 8, which is 0.135 percentage...
How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 6 days agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 4 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How to get a mortgage in 2024: From prepping finances to closing
Yahoo Personal Finance· 2 days agoFederal government-backed loans like FHA loans, USDA loans (guaranteed by the U.S. Department of...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 6 days agoCredit score Here are the minimum credit scores needed based on loan type: Loan type Minimum credit...
Ready to Build the House of Your Dreams? Here’s How to Finance the Project in 12 Steps
Bob Vila via Yahoo Finance· 6 days agoUnderstanding how construction loans work can help home builders secure land to build their house...
How Reverse Mortgages Work
Investopedia· 4 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity in their home without making...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 3 days ago...Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association...
What to know about living and investing in a multifamily home
Yahoo Personal Finance· 2 days agoYou may want to buy a multifamily home not just as a place to live but also as an investment...
News from SFAR: NAR Supports White House Efforts on Affordable Housing
Santa Fe New Mexican· 4 days agoIn late February, the White House announced a “New Actions to Boost Housing Supply and Lower Housing Costs” program aimed at creating more affordable homes and increasing transparency in rental ...