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Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 23 hours agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
30-Year Mortgage Rates Pull Back
Investopedia· 1 day agoAfter inching up earlier this week, the 30-year mortgage rate average dropped 3 basis points on Wednesday, while the FHA 30-year rate average fell below 7.00% for the first time in seven weeks.
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 14 hours agoSo the current slowdown may be more of an overheated market’s return to normalcy rather...signal of...
High mortgage rates hang around, reaching 7.17%
Yahoo Finance via AOL· 7 days agoBoth first-time and repeat homebuyers felt the sting of higher rates this week, as rates for the popular 30-year fixed mortgage hit 7.17%, per Freddie...
Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via AOL· 6 days agoHowever, this can make refinancing more attractive — by ditching LPMI, you can get a lower mortgage ...
What are cash-out refinance tax implications?
Bankrate via AOL· 6 days agoConsider a home equity loan or a home equity line of credit (HELOC), which are second mortgages on your home. These options leave your current primary &...
How often can you refinance your home?
Bankrate via AOL· 3 days agoBut if you qualify for a rate that’s much lower than what you have now, you can save thousands in interest by refinancing. If a refinance would save you...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 21 hours agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down payment, location and ...
Real estate map shows where it's cheaper to rent than buy
Newsweek· 2 hours agoIn the current housing market however, renting might be the more financially prudent move. A new...
Mortgage rates for April 29, 2024: Rates trending about the same
USA Today· 3 days agoThe average rate on a 30-year jumbo mortgage is 7.72%. The average mortgage rate for 30-year fixed...