Mortgage rates set 14th record low of the year, driving even more refinance demand – CNBC
Mortgage rates set 14th record low of the year, driving even more refinance demand CNBC
Mortgage rates set 14th record low of the year, driving even more refinance demand CNBC
As 2020 mortgage rates in the U.S. reached historic lows, housing sales increased throughout the year. Freddie Mac data shows that the 30-year fixed mortgage rate, excluding fees and points, fell to less than 3% in July 2020 for the … Continue reading →
The post When Do Homeowners Pay More in Principal Than Interest? – 2021 Study appeared first on SmartAsset Blog.
Investing in real estate the old-fashioned way is hard. Not many investors have enough extra money for a down payment just laying around. And even if they did, tying all of that money in a single property might give them pause. If youâre in this situation, the solution to your problem might just be a […]
The post How to Invest in REITs appeared first on Good Financial Cents®.
Freelance workers are a big part of the U.S. economy, but the pandemic has put extra hurdles in their path to getting a mortgage. Hereâs what has changed, and what you should expect.
The post Self-Employed and Applying for a Mortgage? Here’s What’s Changed Since COVID-19 appeared first on Real Estate News & Insights | realtor.com®.
The Fed adjourns from a 2-day meeting Wednesday. The group doesn’t set mortgage rates but it can influence them. How this week’s meeting could affect your refinance and purchase mortgage rate.
Posted To: MND NewsWire
The Acting Secretary of the Department of Housing and Urban Development (HUD) has announced an extension of the deadline for borrowers with FHA mortgage loans to apply for and receive forbearance. Matthew Ammon said up to six months of deferred or reduced mortgage payments may be available to homeowners financially impacted by the pandemic who request it by March 31, 2031. An additional six-month extension to the initial forbearance term is possible. Ammon said, “On the first day of his new Administration, President Biden took immediate actions to stem the economic devastation experienced by the nation’s hardworking families because of the pandemic. Today’s extension supports the President’s direction by providing more time for homeowners to seek mortgage payment relief.” The changed timeline…(read more)