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The Facts and Fictions of Reverse Mortgages – Howard Financial A reverse mortgage can be a powerful financial tool for homeowners aged 62 and older, providing access to home equity without the burden of monthly mortgage payments If you’re considering this option, here’s a step-by-step guide to help you navigate the process
Housing Market Archives – Page 9 of 11 – Howard Financial According to Case-Shiller national and 20-city home price indices for October, home prices continued to rise National home prices rose 0 70 percent for the three months ending in October
What You Need to Know About Refinancing a Reverse Mortgage The good news is that yes, you can refinance a reverse mortgage, and doing so may offer financial benefits depending on your situation Here’s what you need to know about refinancing, including reasons to consider it, eligibility requirements, costs, and key factors to keep in mind
Financial Report Archives – Page 62 of 77 – Howard Financial Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates What’s Ahead For Mortgage Rates This Week – August 23, 2021 August 23, 2021 by Glenn Brown
Understanding the Role of the Federal Reserve in Mortgage Rates The Federal Reserve is the central bank of the United States Its main job is to keep the economy stable by managing inflation, employment, and interest rates Think of the Fed as the “guardian” of the economy, adjusting financial policies to keep things running smoothly How the Fed Influences Mortgage Rates
Case Shiller Archives – Page 21 of 32 – Howard Financial Last week’s economic reports included readings from Case-Shiller on home prices, the Federal Housing Finance Agency also reported on home prices and the Commerce Department released data on sales of new homes and pending home sales
Market Trends Archives – Page 25 of 26 – Howard Financial Home price growth slowed to its lowest rate in 20 months according to the 20-City Home Price Index issued by Case-Shiller After years of dismal readings, Las Vegas, Nevada led the cities included in the index
How Mortgage Amortization Works – Howard Financial When you take out a mortgage, you commit to a long-term financial obligation Understanding mortgage amortization can help you make informed decisions about your loan and how your payments impact your financial future
Mortgage Options for Non-U. S. Citizens – Howard Financial Income Employment Verification: Lenders require proof of steady income, such as U S tax returns, pay stubs, or international financial statements ITIN or SSN: Most loan programs require a Social Security Number (SSN), but some programs allow the use of an Individual Taxpayer Identification Number (ITIN)