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Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 5 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
New York Fed: Fewer Renters Expect to Ever Buy Home
PYMNTS.com· 7 hours agoRenters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about this...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 7 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Granite Point Mortgage Trust (GPMT) to Release Earnings on Tuesday
ETF DAILY NEWS· 2 days agoGranite Point Mortgage Trust (NYSE:GPMT – Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Granite Point ...
Average long-term US mortgage rate rises for again, reaching highest level more than five months -...
7 News Miami· 4 days agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month ...
Earnings call: New York Mortgage Trust reports Q1 challenges By Investing.com
Investing.com· 4 days agoNew York Mortgage Trust (NASDAQ:NYMT), a real estate investment trust, reported a challenging first...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 5 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the 30-year fixed < ...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 4 days agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...
Opinion | Return of the Housing Godzillas
The Wall Street Journal· 1 day agoFreddie Mac and its Biden regulator want to guarantee second mortgages. What could possibly go wrong?
Paramount Pulls in $575M Refi at 60 Wall Street
The Real Deal· 4 days agoThe real estate investment trust led by Albert Behler scored a $575 million mortgage for 60 Wall Street, Crain’s reported. Behler announced the financing...