Keep up with the latest mortgage and finance news and stories in Edmonton, including home-buying, interest rates, debt and more.
There’s Good News, Bad News One prediction expects home prices to rise in the coming year, but more slowly than in the past couple of years. By Jerry Kronenberg Jan 2, 2015 8:15 AM EST How to Weave a Reverse Mortgage Into Your Retirement Plan Whatever mix of strategies you settle on...
(NASDAQCM: VBFC) (“Village”), the parent company of Village Bank, today announced the signing of a definitive agreement and plan of reorganization pursuant to which TowneBank will acquire Village and Village Bank. Read More Tb.About TowneBank and Village Bank Merger In The News TowneBank...
Whether a reverse mortgage is right for you or not will depend on a few factors. First, consider how long you plan to stay in the home. If you don't intend on moving, a reverse mortgage can be a good fit. However, if you do want to move in the future, your outstanding balance w...
Will mortgage rates drop in 2025? Mortgage rates around the U.S. have remained high despite the Fed's three rate cuts, which have lowered the federal funds rate — what banks charge each other for short-term loans — by one percentage point. ...
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Average rate on a 30-year mortgage in the US falls to 6.69% December 6, 2024 Average rate on a 30-year mortgage in the US slips to 6.81% November 28, 2024 Average rate on a 30-year mortgage in the US rises to highest level since July November 22, 2024 The average rate ...
The VA funding fee ranges based on your down payment amount and whether you've already used a VA home loan benefit in the past. If your down payment is less than 5%, the VA funding fee is 2.15% for the first use or 3.3% after your first use. VA home loans do not require mortgage...
PRESSURE eased on millions of hard-pressed homeowners today as the Bank of England cut interest rates by 0.25 per cent.Prynn, Jonathan
Latest Mortgage News MPC Cuts Base Rate and Brings Borrowing Opportunities to Homeowners and Home Buyers 6th February 2025 Today marks a significant event in the financial landscape of the United Kingdom as the Bank of England's Monetary Policy Committee (MPC) held its first meeting of 2025. T...