Why mortgage rates just crossed 4%, and what you can do about it
Source: Bankrate — In early 2021, mortgage rates blew through the 3 percent threshold. Now, with the coronavirus pandemic mostly under control but inflation raging out of control, rates have topped 4 percent. After hitting an all-time low in January 2021,...
The average size of a new mortgage just set a record, as home prices continue to climb
Source: CNBC — Homebuyers are facing one of the priciest housing markets in history, and that means they need larger mortgages than ever before. While mortgage demand is falling, due to rising interest rates, the size of the average purchase loan application...
Servicing platforms for mortgage lenders will be buffer for rising rates, says Argus’ Heal
Source: CNBC — Kevin Heal, Argus Research, joins ‘Power Lunch’ to discuss which mortgage lending stocks are best set up for growth and how rising interest rates will affect the sector. Read...
Is Costco Good for Mortgages?
Source: US News — Costco is known for selling jumbo quantities of food and toiletries, rotisserie chickens and pizza, and furniture and large appliances from its warehouse-style stores across the country. The members-only wholesale chain also offers something...
Lovett: House to consider housing choice voucher bill
Source: Eagle Times — How many of us have experienced financial hardship due to circumstances beyond our control? Job markets, education and experience levels, family dynamics, and health all impact our earning ability. When that ability is outpaced by the cost...
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