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HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 2 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for ...
Get the lowest HELOC rates available in April 2024
CNN.com· 5 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage
Worried About Assisted Living Costs? Here Are Your Options
SmartAsset via AOL· 2 days agoLong-term care in residential facilities like nursing homes is a financial challenge for many. When...
Unexpected Ways Inflation Is Affecting the Housing Market
MediaFeed via AOL· 3 days agoPravinrus Khumpangtip / iStock 14. You might be able to lock in a low mortgage rate Many home buyers...
Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit.
The Wall Street Journal· 6 days agoBig companies, including Ford and developer Related Cos., are spending billions of dollars on office...
More than a third of Gen Z, millennials seek help from their parents to afford a house down payment
FOX Business· 6 days agoGen Z and millennial homebuyers are struggling to buy homes on their own. About 36% of younger...
What Is An Interest-Only HELOC?
Consumer Affairs· 3 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
Can a Spouse Gamble Away Your Home—or Sell It Without Your Permission?
San Francisco Chronicle· 14 hours agoFirst, baseball superstar Shohei Ohtani's interpreter allegedly stole millions from his boss to...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 6 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
Home sellers are moving forward with their plans without the Fed
Morningstar· 6 days agoThat spring thaw in the home market buyers and sellers were hoping for never showed up, but homeowners aren't waiting around. Meanwhile, borrowing from the discount window by banks carries a stigma officials hope to reduce.