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Bankrate’s Interest Rate Forecast for 2024: Mortgages, credit cards and more will stay pricey, even...
Bankrate via AOL· 5 months agoThere’s a common saying about interest rates: They take the elevator down and the staircase back up....
Mortgage rate forecast April 2024: Fed’s uncertain timeline to keep rates at 7%
Bankrate via AOL· 2 months agoIt'll be difficult for mortgage rates to post a meaningful and sustained pullback from 7 percent...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
Mortgage points: What are they and how do they work?
Bankrate via AOL· 1 month agoKey takeaways Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate. Typically, one point costs 1...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 weeks agoThe Federal Reserve is keeping its finger on the pause button. The central bank raised rates 11...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
What income do I need to afford a $550K house?
Bankrate via Yahoo Finance· 7 months agoWith a budget of $550,000, you’re in pretty comfortable homebuying territory. The median national home price in September was well below that at...
41% of homeowners saved specifically for their first home. Here’s how renters can do the same
Bankrate via AOL· 1 month agoKey takeaways Saving for a house while also paying rent is challenging, but there are ways to cut...
Best mortgage lenders for bad credit in 2024
Bankrate via Yahoo Finance· 5 months agoIf your credit needs work, that doesn’t necessarily mean you won’t qualify for a mortgage. Here’s our guide to the best mortgage lenders for bad-credit...