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Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 1 day agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 1 day agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
How Does Mortgage Interest Work?
Consumer Affairs· 1 day 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 ...
Rate for 30-year mortgage inches higher to 7.17% | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 7 days agoThe average rate on a 30-year mortgage rose from 7.1% last week to 7.17%, mortgage buyer Freddie Mac...
Commercial Foreclosures Spike By Nearly 120% In The Last 12 Months
Benzinga via Yahoo Finance· 8 hours agoSince March 2023, 625 commercial loans have been foreclosed on — a 117% increase over the previous...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 1 day agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
FOX Business· 2 days agoPresident Joe Biden's new student debt elimination proposal would bring relief for millions more...
Mortgage rates climbs to highest level since November
Orange County Register· 4 days agoThe average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate ...
5 smart alternatives to debt consolidation loans
CBS News· 7 hours agoIf you owe money on your credit cards, you may be looking for solutions to get rid of that high-interest debt. A debt management plan is a formal...
PennyMac Mortgage Investment Trust (NYSE:PMT) Q1 2024 Earnings Call Transcript
Insider Monkey via Yahoo Finance· 6 days agoPennyMac Mortgage Investment Trust (NYSE:PMT) Q1 2024 Earnings Call Transcript April 24, 2024...