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‘Mortgage rate lock’ keeps buyers parked in homes they no longer want - The Boston Globe
The Boston Globe· 18 hours agoNinety-two percent of Boston homeowners are experiencing mortgage “rate lock”; they are reluctant to give up their existing home and lower mortgage < ...
Daily mortgage rates for April 18, 2024: Rates tick higher amid inflation concerns
AOL· 7 days agoWith a refinance, the new lender pays off your old mortgage and you then pay your monthly statements...
Mortgage rates surpass 7% while home prices show no signs of declining
Yahoo Finance· 6 days ago(Credit: Matt York...Photo) ASSOCIATED PRESS Meanwhile, the share of refinance applications was...
Housing Market Crash Alert: Mortgage Demand Raises Red Flags
InvestorPlace· 8 hours agoThis pushed the average contract interest rate for 30-year fixed rate mortgages to 7.24% from 7.13%,...
With mortgage rates above 7 percent, here’s what home buyers should know - The Boston Globe
The Boston Globe· 3 days agoDemand for home loans may be increasing in Greater Boston, despite mortgage rates rising above 7...
I’m well into paying off my mortgage. Should I still refinance?
Bankrate via Yahoo Finance· 5 days ago“The main thing you don’t want to do is extend it out solely for the purpose of getting a lower rate...
What is Home Equity?
Bankrate via Yahoo Finance· 1 day agoHome equity lines of credit (HELOCs): A home equity line of credit, or HELOC, is also secured by your property and works like a credit card, charging...
What is an alienation clause?
Bankrate via AOL· 10 hours agoIf a mortgage is assumable, it means that a buyer can take over the current mortgage — with its rate and terms intact. Alternatively, someone could...
Area home sales continue to climb in first quarter
Dayton Daily News· 9 hours agoHome sales for the first quarter of this year show a market on the upswing compared to the same time last year. There were 3,209 sales reported for the...
Mortgage Activity Wanes as Rates Continue to Rise
The Real Deal· 13 hours agoThe average rate for a 30-year fixed-rate mortgage with conforming loan balances also rose, from 7.13 percent to 7.24 percent. Purchase-loan applications...
