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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
Missing a mortgage payment can have detrimental consequences such as foreclosure. In addition, this can also affect your ...
Homeowners shouldn't rush into a reverse mortgage application before considering these four timely dos and dont's.
Calif., criticized Republicans for confirming President Donald Trump's former defense attorney Emil Bove, after his own ...
Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two ...
The more strategic you are with your mortgage, the more you can save. But if you're not careful, the largest loan of your ...
This reverse mortgage rule could help heirs keep the home after the borrower dies — but there's one big catch.
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