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Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%
Morningstar· 5 days agoThe numbers: Mortgage rates rose for the third week in a row, moving beyond 7%, prompting some home buyers to seek refuge in adjustable-rate mortgages. The 30< ...
Weekly Mortgage Rates Are Up, but Prices Are the Real Villain - NerdWallet
Nerdwallet· 4 days agoMortgage rates continued to rise for the week ending April 25. The rise of mortgage rates in recent...
High mortgage rates hang around, reaching 7.17%
AOL· 4 days agoMortgage rates continued their climb past the 7% threshold this week, sidelining price-sensitive buyers in their wake. The rate on the 30-year& ...
Average long-term mortgage rate climbs for 4th straight week | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 4 days agoThe average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac...
Weitz Fixed Income Insights: Great Expectations
GuruFocus.com via Yahoo Finance· 7 days agoBroad investment-grade spreads declined from 106 basis points to 93 basis points...flattening in credit curves (i.e., the extra compensation you receive...
Was your mortgage loan application denied? 9 steps to take
CBS News· 6 days agoFor many aspiring homebuyers, the dream of homeownership has become increasingly difficult to attain...
‘Mortgage rate lock’ keeps buyers parked in homes they no longer want - The Boston Globe
The Boston Globe· 5 days agoNinety-two percent of Boston homeowners are experiencing mortgage “rate lock”; they are reluctant to give up their existing home and lower mortgage rate ...
I downsized to an ADU I built in my Sacramento yard. I pay only $520 toward my mortgage and am...
Business Insider· 2 days agoThis as-told-to essay is based on a conversation with Blanca Barragan, a 42-year-old electrician,...
PACE Financing Tool Gains Momentum in Tricky Market
REBusinessOnline.com· 4 days agoRafi Golberstein, CEO of Minneapolis-based PACE Loan Group, says there are many reasons why developers like PACE financing today, but the most important...
What is Home Equity?
Bankrate via Yahoo Finance· 6 days agoFor the average borrower, that’s a gain of $24,000 in their ownership stake. Also, mortgage rates have risen significantly since...personal loans, and...