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Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 1 day agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Macklem defends Bank of Canada's two per cent inflation target at Senate committee
Financial Post via Yahoo Finance· 9 hours agoSenators also questioned the central bankers on whether monetary policy had pushed Canada into a...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 6 days agoAmong a series of...Development (HUD)’s Home Equity Conversion Mortgage (HECM) counseling program...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 12 hours agoThe 30-year fixed-rate mortgage stood at 7.17% last week, up from 6.61% at the end of last year,...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 2 days agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
What Is An Interest-Only HELOC?
Consumer Affairs· 7 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 6 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
A Belleville duplex is deteriorating. HUD and a squatter are calling the shots.
Belleville News-Democrat via Yahoo News· 3 days ago“There are a lot of professional squatters out there. They just move from place to place to place...
U.S. Growth Slowed in First Quarter, but Inflation Remained a Bug
New York Times· 7 days agoThe U.S. economy remained resilient early this year, with a strong job market fueling robust consumer spending. That was down sharply from the 3.4 percent growth rate at the end of 2023 and fell well short of forecasters’ expectations.
AP Trending SummaryBrief at 1:00 a.m. EDT
Washington Times-Herald· 6 days agoJournalists see themselves as truth-tellers, and sometimes as contrarians. Internal turmoil this spring at NBC News, NPR and The New York Times can essentially be traced to journalists turning ...