A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments. …
Posts published in “30-year mortgage”
The proposal from Trump is a reminder that the industry must evolve, Darryl Davis writes, but evolution without diligence can lead to structural weakness. Source:…
A 50-year mortgage is not a financial trap, broker Holly Brink writes. It’s a tool that’s designed to give homebuyers more ways to win in…
The Trump administration says it’s also looking at assumable mortgages and “ways to give relief” on 5- and 10-year mortgages, after mortgage and financial planning…
Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales…
Refinance rates increased by 0.4 percent week over week and 111 percent year over year, according to data from the Mortgage Bankers Association. Source: Inman…
The 30-year, fixed-rate mortgage hit 3.4 percent last week, a record low for the Mortgage Bankers of America survey. Source: Inman News
Knowing your mortgage interest rate could save you a lot of money in the long run. Source: Inman News