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Does a fixed-rate HELOC make sense in today's elevated rate environment?
CBS News· 2 days agoThere's no question that the current interest rate environment is vastly different than it was just...
‘Mortgage rate lock’ keeps buyers parked in homes they no longer want - The Boston Globe
The Boston Globe· 2 days agoNinety-two percent of Boston homeowners are experiencing mortgage “rate lock”; they are reluctant to give up their existing home and lower mortgage ...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 4 days agoCash-out refinances are generally best for big-ticket costs: Think home renovations...find lenders with looser requirements, but you could pay a higher ...
Homeowners Want to Sell, but Not With Mortgage Rates Back Above 7% - Your Money Briefing - WSJ...
The Wall Street Journal· 3 days agoJ.R. Whalen: Before we get into today's episode, Your Money Briefing is exploring what you need to know to become a homeowner and sustain your home. You can get early access ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 3 days agoThe typical person purchasing today’s median-priced home for about $420,000 has a record-high $2,864 monthly housing payment with a 7.1% mortgage
Should I buy a house now, or wait?
Bankrate via Yahoo Finance· 1 day agoIs it a good time to buy a house, or should I wait?We’re in a volatile time for real estate. Mortgage rates reached 20-year highs last year, and some...
Was your mortgage loan application denied? 9 steps to take
CBS News· 3 days agoFor many aspiring homebuyers, the dream of homeownership has become increasingly difficult to attain...
I'm 73 & still have $180,000 mortgage - I'm retiring in debt but have no regrets
The US Sun· 2 days agoA HOMEOWNER said he has been stuck with $180,000 left to pay on his mortgage despite his older age....
Loan payments in a high-interest era - CUInsight
CUInsight.com· 10 hours agoAs credit unions contend with rising interest rates and evolving member expectations, understanding the dynamics of the loan payment market is more important than ever. In ...
What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024
RISMedia Real Estate News· 4 days agoDuring the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the...