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More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 7 days agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
How rich homebuyers are avoiding high mortgage rates
Yahoo Finance· 2 days agos all-cash buyers are "of course, high-income, high-net-worth people," Yun said. But in the more mid-priced markets, they are retirees who are moving...
Americans are sitting on a record amount of home equity at $11 trillion — here’s how much cash is...
Market Watch· 6 days agoHome equity loosely corresponds with how much housing wealth one has: It is the difference between...
Best 15-Year Mortgage Rates in May 2024
Time Magazine· 7 days agoMortgage loans are a routine way to pay for a home over time. While 15-year mortgages may not be as popular as 30-year loans, they typically come with...
Rates decline - Current mortgage rates for May 10, 2024
Bankrate.com· 3 days agoAverage mortgage rates came down on all loan terms from a week ago, according to rate data collected by Bankrate. The movement of fixed mortgage rates parallels the 10-year ...
Gen Z is getting hit hard by inflation
CNN Business via AOL· 17 hours agoYou own your home, your mortgage typically doesn’t vary, but your rent does. And so I think that’s been a big cause of what’s been driving...you can...
What Is a Shared Appreciation Mortgage
Consumer Affairs· 6 days agoA shared appreciation mortgage (SAM) is a type of home financing where the borrower promises a portion of the home’s appreciation to the lender in exchange ...
Rates decline - Current mortgage rates, May 9th, 2024
Bankrate.com· 4 days agoThe movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor appetite fluctuates with the state of the economy, inflation and Federal Reserve decisions.
RE/MAX Integrity-The Spencer Team shares insights on real estate trends, first-time buyer tips
Community Impact· 16 hours agoHaving a trusted real estate agent can ensure a smooth home-buying process. The Spencer Team is a team under real estate company RE/MAX, formed in 2018 by Melissa Spencer ...
Pros and cons of a 15-year mortgage
Bankrate via AOL· 3 days agoAs long as you’re able to balance...mortgage may not be a good fit for you if you have a lot of high-interest personal loans, auto loans or credit cards....
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