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Mortgage Rates Just Hit a 5-Week Low—Saving Buyers Over $1,000 a Year vs. Spring
Since early June, however, homebuyers have gotten some relief, with the flagship mortgage rate average moving further and further below the 7% mark—and last week dropping to its cheapest level in five weeks. Rates for other loan types have also dropped to June levels, while jumbo 30-year rates are down to their lowest reading since April.
Mortgage rates move in parallel with the 10-year Treasury yield, which fell last week after signs of a weaker economy.
Homeowners are slowly coming to terms with the likely reality that ultralow 3% and 4% mortgage rates from the ZIRP era—i.e., ...
In what was likely welcome news for aspiring home buyers, the average rate on a 30-year mortgage held at a 10-month low, ...
Metro Detroit's two nationally ranked mortgage lenders had profitable spring homebuying seasons, even as some would-be buyers ...
Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.
Dave Ramsey urges homebuyers to take 15-year mortgages to avoid being debt-burdened. But critics say this does not hold true ...
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...
The Federal Housing Finance Agency's recent decision to allow government-backed mortgage lenders to use alternative credit ...
Zillow beat estimates for its second quarter with $655 million in revenue, up 15% year-over-year. GAAP net income was $2 ...
An increasing number of borrowers are falling behind on both their student-debt and mortgage payments — a development that’s ...
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