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ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 4 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 3 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 < ...
US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 4 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage applications ...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 2 days 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 ...
Paramount Pulls in $575M Refi at 60 Wall Street
The Real Deal· 2 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...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 3 days agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 5 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce,” retirement-age ...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 3 days agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
3 Savings & Loan Stocks to Buy Despite Grim Industry Prospects
Zacks via Yahoo Finance· 2 days agoZacks Savings and Loan industry players like PFS, RVSB and WSFS are poised to tide through a...
Chelsea Groton reports 2023 as a ‘solid year’
The Day· 8 hours agoGroton ― Chelsea Groton Bank’s net operating income hit $17.4 million in its most recent annual report released this week, an increase of 5.4 percent...