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5 strategies for dealing with today's high mortgage rates
CBS News· 23 hours agoFor example, when buying a $400,000 home with 20% down, the monthly mortgage payment (principal and interest only) has gone from about $1,350 at 3% to over $2,100 at 7%. Get ...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 2 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street'...
Business Insider via Yahoo Finance· 15 hours agoThe proposal noted that options are limited for homeowners who want to tap their equity, meaning...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 2 days agoThe uptick in ARMs came even as overall applications for mortgages weakened last week after the...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 22 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 ...
Most rates rise | Current mortgage rates, April 30th, 2024
Bankrate.com· 4 days agoMortgage interest rates were mostly up compared to a week ago, according to data compiled by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo mortgages ...
Mortgage demand continues to fall as rates soar
HousingWire via Yahoo Finance· 3 days agoPurchase loan application volume fell by 2% from one week earlier, while refinance volume dropped by 3% from the prior week. The refinance share of < ...
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 ...
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The Salem News· 22 hours agoThat large gap between rates now and then has helped limit the number of previously occupied homes on the market because many homeowners who bought or refinanced more than ...
Using home equity to pay off your mortgage? Here's what experts think
CBS News· 2 days agoWhile the home equity increases mean larger gains when you sell your home, they also grant you...