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Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
Digital Journal· 4 days agoSpring homebuying drove overall increase in lock volume : Total monthly rate lock volume increased by 8.7% in April, driven by an 11.0% month-over-month increase in purchase ...
Fact Check Team: Why the 30-year fixed-rate mortgage is unique to the US
WJLA· 7 days agoThe current rate for a 30-year fixed-rate mortgage is just over 7%, according to Freddie Mac, down...
CMCT Grapples With Floating-Rate Loan on Oakland Multifamily
The Real Deal· 15 hours agoCMCT is in negotiations with its lenders to refinance or restructure a floating-rate loan on Channel...
Mortgage Applications See Second Week of Increases
RISMedia Real Estate News· 2 days agoMortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage
How rich homebuyers are avoiding high mortgage rates
Yahoo Finance via AOL· 4 days agoBut that's become less palatable with higher interest rates — along with taking out a mortgage. In a lower-rate environment, others may have paid all...
Convertible ARM Loans: Is It Right For You?
Consumer Affairs· 3 days agoAdjustable-rate mortgage (ARM) interest rates fluctuate over time. Convertible ARM loans allow homeowners to lock in a fixed interest rate</ ...
5 best investments that hedge against inflation, and others to avoid
Bankrate via AOL· 18 hours agoWith a long-term mortgage you’ll lock in funding for up to three decades and can even refinance if...
What Is a Conventional Loan?
The Wall Street Journal· 3 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,”...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA TODAY via Yahoo Finance· 2 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 ...
What Is a Mortgage Loan Modification? - NerdWallet
Nerdwallet· 3 days agoMortgage loan modifications can help homeowners who are having trouble making their mortgage payments or who have fallen behind on their loans. A loan...