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Today's 30-year rates fall while 15-year mortgage rates hold steady | April 18, 2024
FOX Business· 10 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.500% as of April 18, which is 0.125...
How to get a home equity loan with bad credit
Bankrate via Yahoo Finance· 2 hours agoThe lender bears all the risk. So home equity lenders set stricter criteria, demanding scores squarely in the “fair” range. A score in the 500s – good...
Assumable mortgage: What is it and how does it work?
Bankrate via AOL· 1 day agoWhat types of mortgage loans are assumable? The main types of mortgages that can be assumed are FHA loans, VA loans and USDA loans: FHA loans: For
HFA loans: Everything you need to know
Bankrate via AOL· 3 days agoHFA terms and qualifications vary by state, which may impose income and purchase price limits on borrowers. No, “HFA loan” is not a misidentification of...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 2 days agoFHA loan modification: There are a few options for an FHA loan modification, including an...
Mortgage Industry Contends With New Commission Rules
The Real Deal· 8 hours agoWhen long-standing rules for negotiating broker commissions were thrown up in the air, buyers were left hanging with questions on how mortgages will...
Daily mortgage rates for April 18, 2024: Rates tick higher amid inflation concerns
AOL· 13 hours agoTypically, as the Fed rate rises, so do APYs on savings products like CDs, high-yield savings...
USDA mortgage insurance: What it covers and how much you'll pay
Yahoo Personal Finance· 6 days agoUSDA mortgage insurance costs 1% of your loan at closing, then 0.35% of the remaining balance every...
Can't make your mortgage? Here are some options
CNBC· 4 days agoReach out to your mortgage servicer and discuss what options are available. You might also want to connect with a housing counselor approved by the...
FHA and VA Announce New Loss Mitigation Options | JD Supra
JD Supra· 3 days agoBoth the FHA and VA have established new loss mitigation options to provide payment reduction to delinquent borrowers. On February 21, 2024, the Federal Housing Administration ...
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