Por: Associated Press Life February 14, 2023
It’s been a bumpy ride for mortgage companies lately. Some lenders have gone out of business, merged with other companies or narrowed their focus. And more changes are likely in 2023.What does all this mean for borrowers?Here are answers to common questions, whether you’re shopping for a mortgage or paying off a home loan.WHAT’S BEHIND THE SHAKEOUT?A key factor: higher mortgage rates. Demand for home loans plummeted last year as the... + full article
CBS News USA Business January 10, 2023
Mortgage refinancing in the current rate environment isn't for everyone, although select homeowners may still benefit. Georgeta Olaru/500px The start of a new year marks an opportunity for re-evaluation, particularly when it comes to personal finances. Perhaps there was an... + más
How does mortgage refinancing work? | CBS News
3 smart times to refinance your mortgage | CBS News
CBS News USA Business December 05, 2022
Refinancing your mortgage can be a great way to save money and improve your personal finances. Getty Images/iStockphoto Refinancing your mortgage can be a great way to save money and improve your personal finances. With a refinancing, you replace your current mortgage with a... + más
Mortgage refinance myths busted: What to know now | CBS News
Portland Press Herald USA World November 24, 2022
LOS ANGELES — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years. The trend has driven adjustable-rate mortgages, or ARMs, to the highest usage in over a decade. A recent snapshot... + más
Mortgage rates are at a 20-year high. Here's what that means for monthly payments. | ABC News
Mortgage rates are at a 20-year high. Here's what that means for monthly payments. | ABC7
ABC News USA Business November 23, 2022
LOS ANGELES -- Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years.The trend has driven adjustable-rate mortgages, or ARMs, to the highest usage in over a decade. A recent snapshot by... + más
MarketWatch USA Business November 19, 2022
Greg Schwartz, co-founder and CEO of Stamford, Conn.-based Tomo Mortgage, said that before committing to a mortgage, home shoppers need to seek more information on the different types of mortgages available, and also be clear on their goals. Greg Schwartz, co-founder and CEO of... + más
Real Estate Trends: Why Did Mortgage Rates Suddenly Drop? | Forbes
CBS News USA Business October 11, 2022
Even with higher interest rates, refinancing a mortgage can still make sense. Getty Images In recent years, Americans have watched home mortgage interest rates plummet to historically low levels, prompting many homeowners to refinance their existing mortgage loans. These... + más
Today’s 20-, 30-year mortgage refinance rates dip back below 7% | Fox Business
Still time to save: 10- and 15-year mortgage refinance rates hold steady | Fox Business
CBS News USA Business October 06, 2022
If you're looking to buy a new home, make sure you avoid these common mistakes. Klaus Vedfelt / Getty Images Mortgage rates may be higher than they were amid the , but historically speaking, they're not totally unreasonable. In fact, at one point, interest rates on... + más
What is a good mortgage refinance rate? | CBS News
Mortgage rates hit almost 7%, with little sign of falling | Orlando Sentinel
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