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I’m 69 with $300K in savings but I’ve got a $250K reverse mortgage causing me serious stress. Should I just use most of my savings to pay it off ASAP and aim to survive on Social Security?
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
A reverse mortgage could give your retirement income a boost. Here's how it may work with Social Security.
Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest states are New York and New Jersey.
Despite all of the economic data and news headlines over the past few days, mortgage rates have barely budged since last Friday. That was not what we expected this week given the anticipation for ...
After climbing three days to a three-week high, rates for new 30-year loans have now edged lower. Rate movement was mixed for other loan types.
Recently the U.S. Department of Housing and Urban Development (HUD) rescinded various FHA mortgage loan requirements in a series of five Mortgagee Letters. As previously reported, HUD announced in ...
The Mortgage Bankers Association says 7.7% of applications last week were for adjustable-rate mortgages. Borrowers aren't exactly clamoring for them, but ARMs usually get more popular when rates rise.
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FHA loans: Definition, requirements and limitsAn FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home, or ...
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