Facing retirement with parent student loans? Transfer them to the kids – Los Angeles Times

Dear Liz: You recently answered a question about determining home sale profits for a widow. My question is how you calculate taxes when there’s a loan in the mix. For instance, when I bought my home, I took out a mortgage. Subsequently, I took out a second mortgage to pay for a pool and landscaping.

Refinance mortgage rates mixed for Saturday – Bankrate.com

Shutterstock.com Refinance rates were mixed today. The national average for a 30-year fixed-rate refinance remained steady, but the nationwide average on a 15-year fixed refinance saw an increase. Meanwhile, the average rate on 10-year fixed refis trended upward. Compare refinancing rates in your area now. 30-year fixed refinance The average 30-year fixed-refinance rate is 4.13

Boulton Joins Farmers' Mortgage Lending Office – businessjournaldaily.com

Farmers National Bank, Canfield, continues to grow its mortgage lending services with the addition of Eric Boulton to its Lodi office. Boulton, a mortgage loan consultant, brings with him 13 years of experience in home lending during which he specialized in first-time home buyers, construction and renovation loans. “Eric’s passion for the community and its

Mortgage rates today, April 19, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy – The Mortgage Reports

What’s driving current mortgage rates? As we predicted, average mortgage rates fell yesterday. It was only a small drop (it mirrored Wednesday’s rise) but after four consecutive days of increases, it was a welcome relief. Markets are closed today because it’s Good Friday. So don’t expect anything much to change. Of course, lenders might take

Mortgage rates move upward for Friday – Bankrate.com

Bernadette Gatsby/Unsplash Several benchmark mortgage rates climbed today. The average rates on 30-year fixed and 15-year fixed mortgages both increased. Meanwhile, the average rate on 5/1 adjustable-rate mortgages also trended upward. Rates for mortgages change daily, but they remain low by historical standards. If you’re in the market for a mortgage, it may make sense

Adjustable-Rate Mortgage: Is an ARM Right for You? – NerdWallet

If you’re confident you’ll relocate or pay off your mortgage in 10 years or less, an adjustable-rate mortgage, or ARM, may be the best home loan option for you. There are big differences between an ARM and its counterpart, the fixed-rate mortgage, so make sure you’re solid on the details before you choose. Picking the

U.S. homebuilding near two-year low; permits extend decline – Reuters

WASHINGTON (Reuters) – U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates. FILE PHOTO: A construction worker builds a single family home in San Diego, California, U.S. February 15, 2017. Picture taken February

US mortgage rates inch up again; 30-year at 4.17 percent – Boston.com

WASHINGTON (AP) — US long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed-rate mortgage rose from 4.12 percent last week to 4.17 percent. It was 4.47 percent a year

Inside Destiny USA's mortgage emergency: Crisis or hardball bargaining? – syracuse.com

Syracuse, N.Y. – Destiny USA’s D-Day arrives June 6. On that day, its $430 million in mortgage loans come due in full, and the owner of the giant Syracuse mall is in danger of default. Pyramid Management Group, the company founded by mall developer Robert Congel in 1970, has indicated it will not be able

Ally raises stake in Better.com, enters partnership on digital mortgage loans – Mobile Payments Today

April 19, 2019 Ally Financial Inc., the online bank and automotive finance platform, has raised its stake in Better.com and entered a strategic partnership with the mortgage finance platform to create an end-to-end experience for customers looking to finance a home, according to a press release. Ally Ventures, the venture capital arm of Ally Financial, make an