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US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 3 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage applications ...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 4 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your ...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 3 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Paramount Pulls in $575M Refi at 60 Wall Street
The Real Deal· 22 hours 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...
How Does Mortgage Interest Work?
Consumer Affairs· 3 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 ...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 3 days agoHome equity loans, adjustable-rate mortgages, credit cards, car loans and more are also the highest...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 2 days agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 19 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 ...
The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what...
CNBC· 3 days agoIt started 2024 expecting at least six reductions, which was "completely fantasy land," said Greg...
I got a low mortgage & worked to pay home off quickly but now I'm a 'prisoner'
The US Sun· 7 days agoA HOMEOWNER has been left feeling like a prisoner in her own house after she secured a super-low...