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Buying a new home becomes even more expensive for borrowers
WIBW Topeka· 27 minutes agoThe average rate on a 30-year mortgage climbed this week to its highest level in more than five...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 4 hours agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
Yahoo Personal Finance· 3 hours agoThese days, ARMs represent a small fraction of mortgage applications. For instance, an April ...
Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’...
Market Watch· 7 hours agoMortgage rates rose for the fifth week in a row, as the Federal Reserve holds interest rates steady....
Federal Reserve Declines to Cut Interest Rates, Cites Continued Inflation - Banker & Tradesman
Banker & Tradesman· 9 hours agoFederal Reserve Chair Jerome Powell speaks during a moderated discussion with Kai Ryssdal at the...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 7 hours agoThe share of ARMs made up nearly 8% of total applications for the week ending April 26, the Mortgage...
Mortgage rates move higher as Fed takes no action
Bankrate via AOL· 1 day ago“Inflation remains stubbornly high, and this trend is convincing markets that rates, including mortgage rates, are going to stay higher for longer,” says...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 3 hours ago"While others are vying for survival, we are strategically investing in top tier talent, cutting...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 1 day agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via Yahoo Finance· 1 day agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...