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Today's 15-year and 30-year mortgage rates continue to hold steady | April 25, 2024
FOX Business· 16 hours agoThe interest rate on a 15-year fixed-rate mortgage is 6.500% as of April 25, which is unchanged from...
VA loans: What they are and how they work
Bankrate via AOL· 6 days agoHow to apply for a VA loan The process...
Assumable mortgage: What is it and how does it work?
Bankrate via Yahoo Finance· 1 week agoCons Buyer can’t assume a conventional mortgage, in most cases: The only types of assumable mortgages are FHA loans, VA loans and USDA loans. In...
What is a subprime mortgage?
Bankrate via Yahoo Finance· 1 week agoWith a higher rate, you’ll pay significantly more overall for a subprime mortgage: Prime Subprime Home price $400,000 $400,000 Down payment $12,000 (3%)...
USDA mortgage insurance: What it covers and how much you'll pay
Yahoo Personal Finance· 2 weeks agoUSDA mortgage insurance costs 1% of your loan at closing, then 0.35% of the remaining balance every...
Best online mortgage lenders in 2024
Bankrate via AOL· 1 week agoOnline lenders can have lower rates than their brick-and-mortar competition because they have less overhead. However, that doesn’t necessarily mean...
Physician mortgage loans: A mortgage option for doctors
Bankrate via Yahoo Finance· 2 weeks agoloan isn’t the only option available to doctors. If you qualify, you could get another low- or...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 3 days agoA rate-and-term refinance is a new mortgage that is the same size as the old one (the outstanding balance, that is). It only adjusts your interest rate...
HFA loans: Everything you need to know
Bankrate via AOL· 2 weeks agoLower credit score requirements. 3.5 percent down payment requirement. VA loans: Only available to veterans and service members. No down payment...
How to Refinance Your Mortgage: Complete Guide
Time Magazine· 1 week agoPeople tend to avoid mortgage refinancing when rates are high, and average rates have been rising steadily since 2022, reaching a peak of 7.79% for a...
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