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The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
Any drop in mortgage rates is good news for homebuyers, but rates still remain high compared to a few years ago.
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
Since early June, however, homebuyers have gotten some relief, with the flagship mortgage rate average moving further and ...
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...
In a strategic move set to redefine professional development in the mortgage industry, General Mortgage Capital Corporation ...
The more strategic you are with your mortgage, the more you can save. But if you're not careful, the largest loan of your ...
Some of the country's biggest lenders, including JPMorgan Chase, Bank of America Corp. and U.S. Bancorp, said they would make ...
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