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ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 3 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
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...
The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what...
CNBC· 3 days agointerest rates unchanged as inflation continues to prove stickier than expected. It started 2024...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 4 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Chelsea Groton reports 2023 as a ‘solid year’
The Day· 4 hours agoGroton ― Chelsea Groton Bank’s net operating income hit $17.4 million in its most recent annual report released this week, an increase of 5.4 percent...
Why the Economy Has Been So Resilient to Higher Interest Rates
Morningstar· 2 days agoMany borrowers are locked into low rates, such as mortgages and corporate bonds, for which the ...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 4 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your ...
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 ...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 2 days agoThe bottom line is the housing market remains in flux and is once again adjusting to the likelihood...
The HELOC dam is opening. Are you ready? - HousingWire
HousingWire· 5 days agoU.S. homeowners today are armed with a record amount of home equity nearly $32 trillion, according...