Browsing: mortgage
More than three-quarters of newcomers to Canada worry about making financial mistakes, and over half say they struggled to manage their finances after arriving. That’s according…
Welp, just like that it appears mortgage rates are moving back down toward 6.50%, possibly lower.And you can thank a super weak labor market for that,…
LOS ANGELES — Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two senators whose states have…
Understanding prepayment penalties isn’t just about preparing clients for a potential fee, it’s increasingly a strategic edge for mortgage brokers. That was the message from Matt…
Weekly mortgage rates stayed basically unchanged this week. The average 30-year fixed-rate mortgage rose one basis point to 6.85% in the week ending July 30, according…
Pros You might pay down your loan faster. You might be able to direct the refinance savings toward paying down your mortgage balance sooner. This could…
When you hear the phrase “second mortgage,” a negative connotation likely comes to mind.Back in the day, the presence of an additional loan meant you had…
While it’s a difficult concept to wrap one’s head around, it is possible to see lower mortgage rates and slowing home price appreciation.Most people tend to…
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Ever since mortgage rates surged from their record lows in early 2022, economists have been attempting to figure out what specific rate would get the housing…
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