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Today's 15-year mortgage rates go down while 30-year mortgage rates hold steady | April 23, 2024
FOX Business· 3 hours agoThe interest rate on a 15-year fixed-rate mortgage is 6.500% as of April 23, which is 0.125...
How to prepare for FHA appraisal requirements
Bankrate via AOL· 4 days agoYour property will need to meet certain FHA inspection requirements during the appraisal process. An appraiser might list repairs that need to be made to...
FHA loan requirements for 2024
FOX Business· 4 days agoThe maximum DTI for an FHA loan is 43% unless the borrower has “acceptable compensating factors,” in which case you can be approved with up to a 47% DTI. Compensating factors ...
Assumable mortgage: What is it and how does it work?
Bankrate via Yahoo Finance· 6 days agoWhat types of mortgage loans are assumable? The main types of mortgages that can be assumed are FHA loans, VA loans and USDA loans: & ...
What is a loan-to-value ratio?
Bankrate via Yahoo Finance· 4 days agoLoan-to-value ratio requirements by loan type There are many types of mortgages, and their specific loan-to-value ratio requirements ...
Down payment assistance: How it works and how to get it
Bankrate via Yahoo Finance· 4 days agoCheck with your lender to ensure you’re obtaining a mortgage through a program that allows for more...
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 20 hours agoShopping around for the best cash...you qualify for and what rates look like today (refi rates are pretty comparable to regular mortgage rates). If you...
How to get a home equity loan with bad credit
Bankrate via AOL· 5 days agoThat’s because they are considered riskier than mortgages: You, the applicant...scores squarely in the “fair” range. A score in the 500s – good enough...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 7 days agoFHA loan modification: There are a few options for an FHA loan modification, including...
VA loans: What they are and how they work
Bankrate via AOL· 4 days agoThese types of mortgages have more relaxed baseline requirements than conventional loans, and sometimes better interest rates, too. Here’s a...
