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US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 4 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage< ...
Here Are Today's Refinance Rates: May 2, 2024—Rates Fall
Forbes· 3 days agoThe rate on a 30-year fixed refinance declined today. The average rate on a 30-year fixed mortgage refinance is 7.79%, according to Curinos ...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 4 days agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
Rising Home Values Helped Lower My Mortgage Bill | Bankrate
Bankrate.com· 6 days agoAt the time, I was employed in marketing at Rocket Mortgage, so we applied with a loan officer there for a 30-year, fixed-rate conventional loan. Most conventional ...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 3 days agoTreasury market — jumping to as high as 121 in mid-April after ending March...Point Capital...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 4 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 5 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 3 days agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
How Does Mortgage Interest Work?
Consumer Affairs· 4 days agoYour monthly mortgage payment consists of both the loan principal and interest. You might receive a lower interest rate by raising your credit score, increasing ...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 2 days agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home