The post What Is a Reverse Mortgage & What Does It Mean to Me? appeared first on Weekly Real Estate News.
What Is a Reverse Mortgage & What Does It Mean to Me?
Inflation
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
(Bloomberg) — Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy. The dream of a soft landing that would have the Bank […]
Loan Markets
US mortgage rates tumble by the most in 4 months in SVB’s wake, MBA says
March 22 (Reuters) – Last week’s banking sector turmoil had at least one silver lining for U.S. home buyers: lower mortgage interest rates. Interest rates on the most popular U.S. home loan tumbled by the […]
Housing Wire
Housing Market Tracker: Inventory drops as mortgage rates move higher
The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Here is a quick rundown from last week: Purchase application data had a 3% week-to-week increase. The start […]