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Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
Digital Journal· 4 days agoDeclining refinance activity: The refinance share of total volume decreased to 12%, tying the low levels seen during the summer of 2023. Rate< ...
4 ways to avoid mortgage rate lock extension fees
CBS News· 1 day agoRate locks guarantee you your quoted interest rate for a certain amount of time — usually around 30 to 60 days. This usually comes with a fee — sometimes ...
How rich homebuyers are avoiding high mortgage rates
Yahoo Finance· 4 days agoDiego Rady School of Management found that all-cash buyers pay 10% less on average than mortgage buyers. All-cash offers also stand out in a bidding war,...
Pennymac mortgage review 2024
Yahoo Personal Finance· 20 hours agoPennymac is the largest FHA lender in America, and it offers many other types of mortgages. Learn whether Pennymac is the best mortgage lender for you.
What will happen to home prices if inflation stays high? Here's what some experts think
CBS News· 4 days agoOn the flip side, inflation is at 3.50% — 1.50% higher than the Federal Reserve's target rate. See...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Associated Press· 4 days agoThe sharp interest rate hikes of the past two years will likely take longer than previously expected...
Freddie Mac’s plan to enter the home equity market draws mixed reviews - HousingWire
HousingWire· 2 days ago“In the current housing market, marked by higher mortgage rates, low housing supply, and continued...
I Regret Buying a House — Why I Would’ve Saved Money If I’d Rented Longer
GOBankingRates via Yahoo Finance· 23 hours agoMany young professionals today feel pressure to stop "throwing away money on rent" and become...
Earnings call: Claros Mortgage Trust reports Q1 losses amid market challenges By Investing.com
Investing.com· 6 days agoClaros Mortgage Trust (CMTG) has disclosed a GAAP net loss of $0.39 per share and a distributable...
Housing prices in Florida, Texas will become 'more affordable': Redfin CEO
Fox Business via Yahoo Finance· 3 days agoEconomists predict that mortgage rates will remain elevated in 2024 and will only begin to fall once...