September's $53 increase ended three months of payment relief, with affordability deteriorating in 39 states
Three months of declining mortgage payments came to an end in September, as higher rates pushed the median monthly payment on purchase applications up $53 despite a slight decline in loan amounts.The median principal-and-interest payment rose to $2,215 from $2,162 in August,...
The $2 million credit line combines 30-year fixed-rate repayment with reusable borrowing capacity
Fintech lender Aven is taking its home-equity lending model into the purchase mortgage market, offering qualified buyers up to $2 million in financing and promising closings in as little as seven days.The California-based company announced Friday that its new Home Purchase L...
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