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Ready to Build the House of Your Dreams? Here’s How to Finance the Project in 12 Steps
Bob Vila via Yahoo Finance· 5 days agoUnderstanding how construction loans work can help home builders secure land to build their house...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 2 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...
How Reverse Mortgages Work
Investopedia· 3 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...
Today’s Mortgage Rates for May 02, 2024: Rates Down
Market Watch· 6 days agoFor more details on how we compile daily mortgage data, check out our methodology here. Mortgage rates are still on the rise, for the third consecutive week. Today, the 30-year fixed mortgage ...
What to know about living and investing in a multifamily home
Yahoo Personal Finance· 1 day 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· 3 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 ...
A Powell-style pep talk
Politico· 6 days agoAs part of the move, Fannie Mae, Freddie Mac and the FHA are updating requirements for how lenders respond to customers who suspect an unfair appraisal.