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Income requirements to qualify for a mortgage
Bankrate via Yahoo Finance· 6 hours agoKey takeaways There are no specific income requirements to qualify for a mortgage. To determine whether you'll qualify for the loan, lenders use your...
Property Transfers: Government-backed loans for first-time homebuyers harder to secure
Savannah Morning News via Yahoo Finance· 9 hours agoThis article is the second in a three-part series examining the challenges for entry-level...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 12 hours agoThe U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV ...
A Way to Beat High Mortgage Rates? Take Over Someone Else’s Loan.
The New York Times via Yahoo News· 1 day agoHome prices were already high when Ellen Harper, a software architect living in Atlanta, started...
More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 4 days agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Moore tornado 25 years later: Survivors remember devastation, pay forward support to Sulphur
Gannett via AOL· 6 days agoMOORE — There was much on people's minds on Friday — it was the 25th anniversary of the deadly...
Fact Check Team: Why the 30-year fixed-rate mortgage is unique to the US
WJLA· 6 hours agoThe current rate for a 30-year fixed-rate mortgage is just over 7%, according to Freddie Mac, down...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 4 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
Black Americans, Share Your Stories About Today's Housing Market
BuzzFeed via Yahoo News· 2 days agoThe most crucial part of building generational wealth in America is land ownership. Riska / Getty...
First-time home buyers pounce as 30-year FHA loan rate dives below 7%
Market Watch· 2 days agoMortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average...