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Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 4 days agoFor instance, the average interest rate for a 30-year fixed loan backed by the FHA was 7.09% last...
Opinion | Return of the Housing Godzillas
The Wall Street Journal· 1 day agoFreddie Mac and its Biden regulator want to guarantee second mortgages. What could possibly go wrong?
TFS Financial Corp (TFSL) Q2 Earnings: Sturdy Performance Amid Economic Challenges
GuruFocus.com via Yahoo Finance· 6 days agoHowever, cash and cash equivalents saw an increase, indicating strong liquidity management. The loan portfolio experienced a net decrease, mainly from repayments outpacing ...
Average long-term US mortgage rate rises for again, reaching highest level more than five months -...
7 News Miami· 4 days agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers. Borrowing costs ...
Goodman Scores $17M to Replace Don Wilson Development Site Debt
The Real Deal· 4 days agoIt replaces a previous debt provided by prolific Chicago real estate investor Don Wilson. A joint...
Banking and Consumer Regulatory Digest - April 2024 - 2 | JD Supra
JD Supra· 9 hours agoFederal Reserve Board. Extended comment period. On April 24, 2024, FRB and the Office of the Comptroller of the Currency said they would continue to...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 3 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 equities and $143 ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 6 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,” retirement-age ...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 6 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
How Does Mortgage Interest Work?
Consumer Affairs· 5 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 your down ...