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The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
Rates on new 30-year loans have fallen two days in a row, pushing the average to its lowest level since early April. Rates have moved lower for other loan types as well.
While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...
Dave Ramsey urges homebuyers to take 15-year mortgages to avoid being debt-burdened. But critics say this does not hold true ...
Since early June, however, homebuyers have gotten some relief, with the flagship mortgage rate average moving further and ...
A new report released Friday provides homebuyers with essential information on average mortgage rates and adjustable-rate ...
SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...
In a strategic move set to redefine professional development in the mortgage industry, General Mortgage Capital Corporation ...
6don MSN
Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more
From credit cards, car loans, mortgages, savings and student debt, here’s how the Federal Reserve’s interest-rate decision ...
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