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Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
AOL· 2 days agoMortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. The average contract interest ...
Financing Buyer Commission Could Be Expensive, Dangerous Says NAR Panel
RISMedia Real Estate News· 3 days agoWith the potential for the NAR settlement to leave significant swaths of buyers to find a way to pay their own agent’s commission, rolling that fee into a home loan appears ...
Relief for Buyers as Mortgage Rates Decline
The Real Deal· 2 days agoThe Federal Reserve hasn’t cut interest rates, but that didn’t stop mortgage rates from falling last week. The average contract interest rate for a...
How Reverse Mortgages Work
Investopedia· 5 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...
Mortgage Applications Increase 2.6% Over Week Prior
National Mortgage Professional· 2 days agoMortgage applications increased 2.6% the week ending May 3, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey....
Daily mortgage rates for May 6, 2024: Week opens with calmer movement on popular terms
AOL· 5 days agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Carrington names new vice president of TPO marketing - HousingWire
HousingWire· 3 days agoIn this new role, Winokur will work to increase the company’s emphasis on diverse forms of...
Where You'll Find the Most Million-Dollar Homes in America
MediaFeed via AOL· 2 days agoTo see where million-dollar houses are most common, LendingTree analyzed data from the U.S. Census...
31 Common Real Estate Myths Debunked
GoBankingRates via AOL· 6 days agoHouse shopping may be ramping up as more Americans are looking to enter the real estate market with hopes that the Fed will start to drop interest rates...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 4 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...
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