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Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 5 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 ...
U.S. mortgage holders post record levels of home equity: ICE - HousingWire
HousingWire· 1 day agoU.S. home prices continued to climb in March as a persistent shortage of homes for sale helped to buoy the housing market, according to the Intercontinental Exchange (ICE) ...
Q1 2024 Federal Home Loan Mortgage Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 6 days agomortgage portfolio increased 4% year-over-year to $443 billion. Approximately 94% of the multifamily mortgage portfolio was covered by credit enhancements ...
5 strategies for dealing with today's high mortgage rates
CBS News· 4 days agoFor example, when buying a $400,000 home with 20% down, the monthly mortgage payment (principal and interest only) has gone from about $1,350 at 3% to over ...
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The Salem News· 4 days agoWhile easing mortgage rates helped push home sales higher in January and February, the average rate on a 30-year mortgage< ...
How Much Will a $400,000 Mortgage Cost Me?
MediaFeed via AOL· 4 days agoThe monthly payments on a $400,000 mortgage could range from about $2,300 to more than $3,700, depending on the loan’s interest rate, term, and other...
Flagstar Bank mortgage review 2024
Yahoo Personal Finance· 5 days agoFlagstar Bank is a great mortgage lender for FHA loans, but it has many other types of home loans, too. Learn whether Flagstar Bank is the right lender...
Americans are sitting on a record amount of home equity at $11 trillion — here’s how much cash is...
Market Watch· 1 day agoHome equity loosely corresponds with how much housing wealth one has: It is the difference between...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 7 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
Opinion | The Case for Letting Mortgages Move With Us
New York Times· 1 day agoWhat if you could move to a new home but keep the mortgage that you took out on the old one, with the same balance, interest rate and ...