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Rates decline - Current mortgage rates for May 10, 2024
Bankrate.com· 6 days agoAverage mortgage rates came down on all loan terms from a week ago, according to rate data collected by Bankrate. The movement of fixed mortgage ...
Convertible ARM Loans: Is It Right For You?
Consumer Affairs· 2 days agoAdjustable-rate mortgage (ARM) interest rates fluctuate over time. Convertible ARM loans allow homeowners to lock in a fixed interest rate</ ...
Everything you need to know about remortgaging in 2024
The Telegraph via Yahoo Finance· 7 days agoWhile the mortgage market has calmed down compared to the volatility seen in the last couple of...
Can anything stop Britain’s bonkers housing market?
The Telegraph via Yahoo Finance· 6 days agoAnd the figures are about to get much worse. Between July and September, the number of housing starts – a key lead indicator for future completions –...
Wave of CRE debt set to mature while interest rates remain high - The Business Journals
The Business Journals· 13 hours agoJust shy of $20 billion in commercial mortgage-backed securities debt backing U.S. office properties...
Bank of Canada says nation's renters showing signs of financial strain
Financial Post via Yahoo Finance· 7 days agoSince the Bank of Canada... 2022, payments have increased for about half of all outstanding ...
Today’s Refinance Rates May 10, 2024: Rates Move Down
Newsweek· 6 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.12%, compared to 7.36% a week earlier....
Oakland homeowner settles with appraiser, lender after $300,000 lowball appraisal
ABC7 News· 6 days agoThe Black homeowner alleged in a complaint with the California Civil Rights Department that she was...
US home prices have soared 47% since 2020
NY Post via Yahoo Finance· 3 days ago“Would-be home sellers that bought or refinanced at a 2.5% to 4% rate during the pandemic became trapped due to the lock-in effect. They became...new...
Office-loan delinquencies jump to nearly 6-year high, says Moody’s
Market Watch· 1 day agoSee: Commercial real estate faces a ‘slow-moving train wreck.’ “The office refinance rate has been...