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    • 30-Year Mortgage Rates Head Higher

      Investopedia· 4 days ago

      After a three-day dip, 30-year mortgage rates reversed course to head upwards. Rates were up almost across the board of new purchase loan types, with no averages declining.

    • FHA loans: Definition, requirements and limits

      FHA loans: Definition, requirements and limits

      Bankrate via Yahoo Finance· 6 days ago

      There’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...

    • What Is An Interest-Only HELOC?

      Consumer Affairs· 4 days ago

      HELOCs 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?