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Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via AOL· 6 days agoHowever, this can make refinancing more attractive — by ditching LPMI, you can get a lower mortgage ...
30-Year Mortgage Rates Pull Back
Investopedia· 2 days agoAfter inching up earlier this week, the 30-year mortgage rate average dropped 3 basis points on Wednesday, while the FHA 30-year rate average fell below 7.00% for the first time in seven weeks.
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 2 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
5 ways to lower your mortgage payment right now
CBS News· 11 hours agoIf that's your experience, it may help to rethink one of the largest monthly expenses most people have — your mortgage. The median monthly mortgage...
How often can you refinance your home?
Bankrate via AOL· 3 days agoBut if you qualify for a rate that’s much lower than what you have now, you can save thousands in interest by refinancing. If a refinance would save you...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 9 hours agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home equities and $143 ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 1 day agoSo the current slowdown may be more of an overheated market’s return to normalcy...of an incipient...
What are cash-out refinance tax implications?
Bankrate via AOL· 6 days agoConsider a home equity loan or a home equity line of credit (HELOC), which are second mortgages on your home. These options leave your current primary &...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 2 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your ...
Rocket delivers $291M profit amid improved margins and MSR acquisitions - HousingWire
HousingWire· 43 minutes agoRocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial ...