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Average long-term US mortgage rate rises for again, reaching highest level more than five months -...
7 News Miami· 18 hours 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· 19 hours agoNew York Mortgage Trust (NASDAQ:NYMT), a real estate investment trust, reported a challenging first...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Gannett via AOL· 21 hours agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 3 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 2 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 1 day 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 < ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 2 days agoNew adjustable mortgage products are structured to change every six months rather than every 12...
How Does Mortgage Interest Work?
Consumer Affairs· 2 days agoYour monthly mortgage payment consists of both the loan principal and interest. You might receive a lower interest rate by raising your credit score, increasing your down ...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 1 day agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...
Walker & Dunlop (WD) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 5 hours agoOf that rather large volume, only 28%, or $257 billion are multifamily loans, and only 3%, or $28...