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Mortgage refinancing is hot, but using your home as an ATM is not
The average amount cashed out dropped to $51,600 from $63,000 the prior quarter. The total volume of equity withdrawn in the quarter fell to $37...
Record-Low Mortgage Rates to Keep Supporting Banks in 2021
Since the beginning of 2020, mortgage rates have been continuously declining, even touching historical lows several times. Last week, Freddie Mac FMCC released its weekly...
VanEck Vectors Mortgage REIT Income ETF: 9.4% Yield With Upside In 2021 (NYSEARCA:MORT)
The VanEck Vector Mortgage REIT Income ETF (MORT) offers targeted exposure to "mREITs" that invest in the debt financing side of real estate through mortgages...
Yorkshire Building Society re-enters the 10% deposit mortgage market
BusinessConsumerFirst-time buyers have been given a boost as a major building society has started offering 10% deposit mortgages once more.Friday, 27th November 2020, 7:57 amUpdated...
Major building society re-enters 10% deposit mortgage market
First-time buyers have been given a boost as a major building society has started offering 10% deposit mortgages once more. ow deposit deals have become...
You could win free rent or mortgage for a year!
GRAND RAPIDS, Mich. (WOOD) – We have a special contest going on right now called “Home for the Holidays.” One winner gets free rent or...
Another record low mortgage rate just caused mortgage demand to jump
Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage application...
US home prices climb record 3.1% as low mortgage rates fuel housing-market boom
Thomas A. Ferrara/Newsday RM via Getty Images US home prices gained a record 3.1% in the third quarter as historically low mortgage rates boosted demand...
NMI Holdings: An ROE Star In The Attractively Priced Mortgage Insurance Industry (NASDAQ:NMIH)
A few weeks ago I recommended – again! – mortgage insurer MGIC Investment (NASDAQ:MGIC). While I didn’t mention MGIC’s other industry peers, I intended the...
Tom Kelly: Second mortgage or line of credit
We have discussed that increasing home prices, coupled with increased incomes, have provided consumers with more household wealth and equity in their homes. Some have...