(NewsNation) — Homeownership feels out of reach for many Americans, but an anticipated interest rate cut this month could encourage a slow return to the market. For those who already have a monthly ...
Self-employed borrowers need additional documentation, such as bank statements or tax returns, to prove income stability.
The current average mortgage rate on a 30-year fixed mortgage is 6.91%, compared to 6.97% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the ...
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