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U.S. 30-year mortgage rate rises to five-month high of 7.24%
New Hampshire Union Leader· 5 days agoThe contract rate on a 30-year fixed mortgage increased 11 basis points in the week ended April 19...
Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via Yahoo Finance· 3 days agoBecause the cost of LPMI is baked into your interest rate, you can only stop paying for it by ...
Average long-term U.S. mortgage rate climbs above 7% to highest level since late November
Newsday· 4 days agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
How much can you save by buying mortgage points?
CBS News· 5 days agoWith the average mortgage interest rate hovering near its highest point since 2000, then, some buyers may be considering alternative ways to reduce costs...
What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024
RISMedia Real Estate News· 7 days agoIt wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and...
Today's Refinance Rates: April 25, 2024—No Movement On Rates
Forbes· 4 days agoRefinance rates remained unchanged today. The average rate on a 30-year fixed mortgage refinance is...
Earnings call: PennyMac Mortgage Trust posts solid Q1 results, plans ahead
Investing.com· 4 days agoPennyMac Mortgage Investment Trust (NYSE: PMT ) has reported robust financial results for the first...
Is a no-closing-cost mortgage really cheaper?
CNN.com· 4 days agoClosing costs are a significant expense you’ll incur when buying (or refinancing) a home, typically totaling 2% to 6% of the mortgage amount — so the...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 7 days agoYou receive the difference between the two in a lump-sum payment. You can use this money for any purpose, including home remodeling, debt consolidation,...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 4 days agoWith a loan modification, your lender changes one or more terms of your mortgage. Reducing your mortgage interest rate or extending the ...