Mortgage rates forecast: Expected trends for 2024
USA Today· 5 days agoIt’s no secret that home loan interest rates are at generational highs and reducing the purchasing power of first-time and repeat homebuyers as a result....
How to get a no-down payment mortgage
Bankrate via Yahoo Finance· 6 days agoUSDA loans don’t require a down payment, but borrowers must meet credit and income requirements to qualify. Although there’s no down ...
First-Time Homebuyer’s Guide to Mortgage Loans, Programs and Incentives
GoBankingRates via AOL· 3 hours agoFirst-time buyers often face a number of obstacles to purchasing their home. With an average age of...
Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 days agoHow to qualify for mortgage recasting You’ll need to meet certain qualifications to be eligible to recast your mortgage. These include: Do not have a...
What is a fixed-rate mortgage and how does it work?
Bankrate via Yahoo Finance· 5 days agoCons of a fixed-rate mortgage Higher interest...Conventional: Conventional fixed-rate mortgages usually have stricter requirements, such as a minimum 620...
Today's mortgage rates remain unchanged for 15-year terms while 30-year terms fall
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.625% as of December 7, which is 0.250...
How soon can you refinance a mortgage?
CNN.com· 7 days agoIf you recently got your mortgage and are less than thrilled about the interest rate or other terms, you may be looking to refinance as quickly as...
Mortgage insurance vs homeowners insurance: what’s the difference?
Bankrate via AOL· 3 days agoRefinance: If you have owned your home long enough to meet a lender’s eligibility requirements, you...
What is the $25,000 Downpayment Toward Equity Act?
Bankrate via AOL· 6 days agoThe eligibility requirements include: First-time homebuyer status: You can’t have owned a home or co-signed a...limit would be higher. Mortgage type: You...
Demand for mortgage refinancing is up — is now the right time for you?
CNBC· 2 days agoAs interest rates continue to drop, more homeowners are trying to refinance their mortgages. In the...