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Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 21 hours agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
How often can you refinance your home?
Bankrate via AOL· 2 days agoIf you need some breathing room, refinancing can make sense, especially if you qualify for a lower rate. Even if you don’t, a new, longer loan term can...
Consumers Don't Understand Home Equity Benefits
National Mortgage Professional· 2 days agoFintech provider, FirstClose, released its findings from a new national consumer survey that measured homeowners' level of awareness of home equity and ...
5 Reasons To Take Equity Out of a Paid-Off House If You Need Money
AOL· 2 days agoAccording to Colten Claus, an associate broker with 8z Real Estate, HELOCs “are particularly appealing due to their flexibility and relatively low interest rates compared ...
Lender-paid mortgage insurance (LPMI): What is it and how does it work?
Bankrate via AOL· 6 days agoThis means you take out two mortgages: say, one for 80 percent of the home’s price and another for...
Hope Bancorp (NASDAQ:HOPE) Trading Down 3.9% Following Weak Earnings
ETF DAILY NEWS· 9 hours agoHope Bancorp, Inc. (NASDAQ:HOPE – Get Free Report) was down 3.9% on Monday after the company announced weaker than expected quarterly earnings. The company traded as low as ...
Today's 30-year mortgage rates drop while 15-year rates hold steady | April 29, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.500% as of April 29, which is 0.125...
6 key ways the Federal Reserve impacts your money
Bankrate via AOL· 3 days agoAmericans...toughest to access credit. The phenomenon reflects one of the key features of a rising rate environment: Lenders sometimes grow pickier about...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 21 hours agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
What the Fed’s Moves Mean for Mortgages, Credit Cards and More
New York Times· 16 hours agoAmerican households who were hoping interest rates would soon decline will have to wait a bit...