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How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 7 days agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 8, which is 0.135 percentage...
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,...
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...
How to get a mortgage in 2024: From prepping finances to closing
Yahoo Personal Finance· 3 days agoFederal government-backed loans like FHA loans, USDA loans (guaranteed by the U.S. Department of...
Ready to Build the House of Your Dreams? Here’s How to Finance the Project in 12 Steps
Bob Vila via Yahoo Finance· 7 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· 3 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· 5 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 ...