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Real Estate
FHFA Gives Conditional Approval for Freddie Mac to Launch 18-Month Pilot Program for Closed-End Second Mortgages
On Friday, the Federal Housing Finance Agency (FHFA) announced that it had given conditional approval for Freddie Mac to begin purchasing closed-end (all-at-once, as opposed to a credit line) second […]United Wholesale Mortgage Introduces Zero Down Mortgage for First-Time Buyers Amid Concerns of Repeat of 2008 Crisis
United Wholesale Mortgage, the nation’s largest mortgage lender, has introduced the Zero Down mortgage for first-time homebuyers. This option is available to those who contribute less than 5% towards a […]Mortgage Rates
Mortgage Update: Inflation Stalls, Consumer Sentiment Falls, and Home Prices Hit Record Highs
The May PPI inflation was unchanged, at 2.2%, below expectations of 2.5%. Core PPI inflation fell to 2.3%, below expectations of 2.4%. Month-over-month PPI inflation fell by -0.2% compared to […]Real Estate
5 Reasons Why Owning A House Financially Makes More Sense Than Renting
Equity Building: Mortgage payments build your equity, unlike rent which offers no ownership benefits. Appreciation: Home values typically increase over time, providing potential profit when you sell. Tax Benefits: Homeowners […]Latest News
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