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5 strategies for dealing with today's high mortgage rates
CBS News· 4 days agoFor example, when buying a $400,000 home with 20% down, the monthly mortgage payment (principal and interest only) has gone from about $1,350 at 3% to over $2,100 at 7%. Get ...
Are higher mortgage rates enough to slow San Diego home price growth?
U-T San Diego· 4 days agoMortgage rates hit their highest point this year, 7.52 percent for a 30-year, fixed rate loan, this...
More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 22 hours agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 5 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
Opinion: Riding the wave - HousingWire
HousingWire· 4 days agoThanks to high mortgage rates, mortgage refinance rates, and even higher home prices, the vibe among homebuyers has been fairly bleak ...
How Much Will a $400,000 Mortgage Cost Me?
MediaFeed via AOL· 3 days agoThe monthly payments on a $400,000 mortgage could range from about $2,300 to more than $3,700, depending on the loan’s interest rate, term, and other...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 21 hours 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 ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 6 days agoNext steps for borrowers Here are some pro tips for dealing with elevated mortgage rates: Shop...
UK House Prices Fall Again After Mortgage Rates Creep Higher
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- UK house prices fell at the sharpest pace in eight months after the cost of mortgages...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 4 days agoCash-out refinance: With a cash-out refi, you’ll get a brand-new mortgage and cash out some of your...