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Industry News
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Alex Lange
Nov 12
Benefits of a Paid-Off House in Retirement: Keep or Tap?
Weigh the benefits of a paid-off house in retirement against tapping equity. See when a HELOC or reverse mortgage line helps, and when to leave it alone.
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Mortgage Rates
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Alex Lange
Nov 12
Fed’s Waller Floats a Half-Point Hike After Hot Inflation. What It Means for Your HELOC, ARM or Mortgage
October CPI rose 0.4%, above forecasts, and Fed Gov. Christopher Waller said a half-point December hike should be considered. What it means for fixed rates, ARMs and HELOCs.
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Industry News
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Alex Lange
Nov 12
What Is a Quitclaim Deed? How It Works and When to Use One
A quitclaim deed transfers ownership without guaranteeing title, and it won't take you off the mortgage. See when to use one and how to file it.
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Industry News
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Neil Pierson
Nov 12
Reverse mortgage executives read the tea leaves to decipher the industry’s next chapter
Panelists cited tens of thousands of originators at the largest IMBs, pointing to education and tech tools to drive adoption in 2027
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Industry News
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HousingWire Automation
Nov 12
UWM rolls out 40 bps year-end pricing bonus, expands Bilt partnership
Lender links 40-bps incentive to use of its closing and underwriting tools
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Mortgage Rates
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Spokane Spokesman-Review
Nov 12
Sales of existing US homes tumble to lowest level since 2010
U.S. previously owned home sales fell last month to a 16-year low as a cascade of negative news on mortgage rates and inflation deterred would-be buyers. Contract closings in October decreased 5.5% to
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Mortgage Rates
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The Oregonian
Nov 12
Mortgage rates fall in fourth straight weekly decline
The decline offered more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan borrowing costs and prices.
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Mortgage Rates
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The Atlanta Journal-Constitution
Nov 12
The average US 30-year mortgage rate falls to 7.11% this week, its fourth straight decline
The average long-term U.S. mortgage rate fell for the fourth straight week, offering more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan
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Mortgage Rates
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The New York Times
Nov 12
Mortgage Rates Remain High as Affordability Challenges Persist
The average 30-year, fixed-rate home loan fell slightly, to 7.11 percent, pushing buyers and sellers to the sidelines until conditions improve.
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Mortgage Rates
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Anchorage Daily News
Nov 12
US home sales slumped in October to slowest pace in more than 16 years as mortgage rates surged
Despite the latest pullback in sales, home prices continued to march higher nationally last month, albeit at a slower clip.
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Mortgage Rates
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New York Post
Nov 12
Home sales plunge to 16-year low as mortgage rates stay high
Sales of previously occupied US homes slumped in October to their slowest pace in more than 16 years as mortgage rates climbed sharply, ratcheting up borrowing costs for aspiring homebuyers.
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Mortgage Rates
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Breitbart News Network
Nov 12
Existing-Home Sales Plunge to 16-Year Low as Mortgage Rates Climb
Sales of previously owned U.S. homes fell sharply in October to their lowest level in more than 16 years, as rising mortgage rates squeezed buyers already | Economy
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