Mortgage mayhem: Lenders pull gov’t loans, refuse to lock, and raise credit score minimums
Falling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.
Falling mortgage rates might not help borrowers this time . Lenders are pulling loan programs, refusing to lock rates, and raising credit score minimums.
Priscilla Presley, an actress and former wife of Elvis Presley, just sold her Spanish-style retreat of 45 years for $13 million.
Learn how to calculate square feet easily, no matter the shape of your home or its rooms.
The post How to Calculate Square Feet, Even If Your Home Is a Hexagon appeared first on Real Estate News & Insights | realtor.com®.
It takes money to make money and virtually any small business will require some startup capital to get up and running. While the personal savings of the founders is likely the most common source of startup funding, many startups also … Continue reading →
The post Guide to Small Business Startup Loans appeared first on SmartAsset Blog.
Janet Yellen was confirmed by the U.S. Senate as the country’s 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.
Today’s mortgage and refinance rates Average mortgage rates were unchanged yesterday, as expected. So they remain exceptionally low, though a bit above the record. There may be literal fireworks over […]
Posted To: Mortgage Rate Watch
What’s a bond market rally and why should mortgage rates care? There are all kinds of bonds. US Treasuries would be the quintessential example, but there are also bonds specific to the mortgage market. These are what groups of loans ultimately become in order to be traded on the open market (thus allowing lenders to make more loans with less risk and lower rates). As investors buy and sell bonds throughout the day, bond prices change. The higher the price, the lower the implied interest rate. Simply put, if bonds are rallying, rates should be falling shortly thereafter. The 10yr Treasury yield is typically an excellent barometer for mortgage rate movement. 10yr Treasuries and mortgage-backed bonds tend to correlate extremely well. As such, we might expect a more significant improvement in mortgage…(read more)
If you have a travel credit card that includes a Priority Pass lounge membership, you can put it to good use by planning your travel through airports that have someâ¦