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Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 7 days agoThe attorney general of Michigan has re-released a consumer alert about the reverse mortgage product...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 2 weeks agoand can depend on your credit, but the money borrowed is typically repaid with a monthly payment, like a mortgage.Unlike a refinance, they can require...
FHA loans: Definition, requirements and limits
Bankrate via AOL· 2 weeks agoDisaster victims mortgage or 203(h) loan: If you’ve lost your home due to a major disaster and need to rebuild or buy a new home, an FHA 203(h) loan...
What is Home Equity?
Bankrate via Yahoo Finance· 2 weeks agoUnlike a HELOC or home equity loan, a cash-out refi might allow you to get a lower rate on your main mortgage, depending on market conditions, and...
Get the lowest HELOC rates available in April 2024
CNN.com· 2 weeks agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
What Is An Interest-Only HELOC?
Consumer Affairs· 2 weeks 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?
Afternoon Briefing: Lake County reports record numbers of homeless
Chicago Tribune· 4 days agoPrairie State College’s use of Victory Apostolic Church in Matteson resulted in payments of $8,850...
'The Worst House on the Block': Here's Why This Couple Bought a Fixer-Upper Victorian
San Francisco Chronicle· 6 days agoThe couple recently purchased a Victorian for $360,000—a bargain in Ferndale, CA, where homes are...
Federal Reserve holds rates steady. Here's the financial impact.
CBS News· 5 days agoEconomists had largely expected the decision given that inflation had ticked upward in the first...
