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When interest rates dip, mortgages become more affordable, making for a prime opportunity to invest in real estate. “Mortgage rates tend to drop after rate cuts, which can make it easier for ...
Applying for a mortgage post-bankruptcy is similar to a regular application — only with a few extra steps. That way, when your bankruptcy discharges, you’ll be on the road to homeownership. 1.
The difference of a quarter- or half-point of interest on your savings account is a blip in time, especially if you’re focused on applying for a 30-year mortgage. “Buying a home is a long-term ...
Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10...
While the Federal Reserve has cut rates by 0.5% twice this year, the 30-year fixed mortgage rate still averages 6.79% — far higher than expected. Experts predict rates may ease slightly but ...
Just a few years ago, interest rates were at an all-time low, and people rushed to buy homes. They were able to take advantage of rates that made mortgages affordable and they locked in low monthly...
There has been a bit of a confusion when it comes to buying a home in America right now: it appears that interest rates are cooling off, yet mortgage rates have gone up. If you had to do a double ...
Marry the house, date the rate. That real estate advice is getting easier to follow now that mortgage rates have started to drop from a decades-long peak and homeowners can refinance to get lower ...