Mortgage Rates on Sept. 25, 2023: Rates Increased
CNET· 1 day agoA variety of important mortgage rates went higher over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgage...
30-Year Mortgage Rates Fall
Investopedia· 1 day agoAfter setting a new 22-year high Thursday, 30-year mortgage rates have fallen a bit below their historic peak. Averages for most other loan types were...
What is an interest-only mortgage and how does it work?
Bankrate via Yahoo Finance· 4 hours agoThe initial monthly payments on interest-only loans tend to be significantly lower than payments on...
Lender Toolkit™ Launches Automated Income Calculator for Encompass® Users
Morningstar· 6 hours agoLender Toolkit™ a leading provider of automated mortgage technology solutions powered by artificial intelligence (AI), announced the launch of Prism™, the company's latest ...
New home sales tumble in August amid rising mortgage rates
FOX Business· 4 hours agoSales of new U.S. homes unexpectedly dropped in August as a spike in mortgage rates weighed heavily...
Mortgage points: What are they and how do they work?
Bankrate via Yahoo Finance· 4 days agoTo calculate the “breakeven point” at which you’d recover your outlay on the prepaid interest, divide the cost of the mortgage points by the amount the...
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) to Issue $0.62 Quarterly Dividend
ETF DAILY NEWS· 7 hours agoBlackstone Mortgage Trust, Inc. (NYSE:BXMT – Get Free Report) declared a quarterly dividend on Friday, September 15th, Zacks reports. Investors of record on Friday, September ...
Physician mortgage loans: A mortgage option for doctors
Bankrate via Yahoo Finance· 1 day agoFor example, if all of your debt payments total $1,500 a month and you make $4,000 per month, your...
See how much higher mortgage rates are actually costing you
FOX Business· 8 hours agoThe Federal Reserve ended its long streak of interest rate hikes last week, but the pause may offer little reprieve to Americans squeezed by higher borrowing costs. "Higher rates are a positive ...
How to buy a house in 2023
Yahoo Personal Finance· 6 hours agoRural and suburban homes might qualify for a USDA loan with a 580 credit score. And you might even be eligible for a mortgage with a credit score as low...