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How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 2 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via AOL· 1 day agoIn 2021, the average rate was just 9.38 percent, when the fed funds rate was near zero. Besides...
How does the HELOC repayment process work?
CBS News· 6 days agoWhile interest rates on credit cards, personal loans and even traditional mortgage refinances have crept well into the double digits, home equity loans ...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 1 hour agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs, including the < ...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 5 hours agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home equities and $143 ...
What are cash-out refinance tax implications?
Bankrate via AOL· 6 days agoNo, the proceeds from your cash-out refinance are not taxable. The money you receive from your cash-out refinance is essentially aloan you are taking out...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 1 day agoMortgage rates aren’t the only financing costs that have surged.Home equity loans, adjustable-rate...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 1 day agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down ...
Consumers Don't Understand Home Equity Benefits
National Mortgage Professional· 2 days agoFintech provider, FirstClose, released its findings from a new national consumer survey that measured homeowners' level of awareness of home equity and ...
Should you buy a second home?
Bankrate via Yahoo Finance· 1 day agoIn fact, it’s not that different from applying for your primary mortgage, though it can be quicker, depending on the financing method you choose. Options...
