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Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 3 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 7 days agoHaving paid off the mortgage before they retired, the two 71-year-olds wanted to build home equity...
Current National Refinance Rates: April 30, 2024—Rates Fall
Forbes· 5 days agoThe rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.76%, according to Curinos ...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 3 days agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Gannett via AOL· 2 days agoKrishna said Rocket also grew its market share in the first quarter for home purchase loans as well...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 days ago“Don’t fall into the trap of using an adjustable-rate mortgage as a crutch of affordability,” he...
Mortgage-bond funds haul in billions in April
Market Watch· 2 days agoThe five days of trade ending on May 1 saw $717.3 billion of inflows to mortgage-backed securities bond funds, adding to the $3.72 billion monthly tally...
Daily mortgage rates for May 3, 2024: Rates end week elevated but calm after Fed rate pause
AOL· 2 days agoThe current average rate for a 30-year fixed mortgage is 7.36% for both purchase and refinance — down 1 basis point from 7.37% for purchase and down 2 basis ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 5 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 2 days 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