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What Is a Conventional Loan?
The Wall Street Journal· 7 days agoOf all the mortgage options out there, the conventional loan is the most popular. “Conventional loans are very common compared with other loan types,”...
FHA vs. conventional loans: What’s the difference?
Bankrate via AOL· 4 days agoAppraisal: FHA loan vs. conventional loan When financing your home through a conventional mortgage, your lender requires a home appraisal. They mandate...
Jerome Powell says it’s ‘different this time’—and Americans and their mortgage rates are a key...
Fortune· 7 days agoPowell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current two-decade peak rather than increase it. “I don’t think that it’s likely, based ...
5 best investments that hedge against inflation, and others to avoid
Bankrate via Yahoo Finance· 5 days agoWith a long-term mortgage you’ll lock in funding for up to three decades and can even refinance if...
Fed Vice Chair Philip Jefferson on Housing Dynamics
Calculated Risk· 17 hours agoThe Fed sets policy to promote its dual-mandate objectives of maximum employment and price stability, and employment and inflation depend on conditions in the entire economy. As I said earlier ...
Today’s Refinance Rates May 17, 2024: Rates Decrease
Newsweek· 4 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.03%, compared to 7.12% a week earlier. For borrowers who want a shorter ReFi, the average rate...
Home prices in US are up 47% since start of 2020
Hawaii News Now· 6 days agoAdditionally, home prices this decade are reported to be on track to surpass the growth seen in the 2000s, along with possibly surpassing numbers seen in...
Freddie Mac’s plan to enter the home equity market draws mixed reviews - HousingWire
HousingWire· 6 days ago“In the current housing market, marked by higher mortgage rates, low housing supply, and continued...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA TODAY via Yahoo Finance· 6 days agoThe Markup tested more than 700 websites that offer loans for people looking to purchase or refinance a home, from major online brokers to lesser-known regional lenders, and ...
Mortgage Applications See Second Week of Increases
RISMedia Real Estate News· 6 days agoMortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage