Hal Bundrick

1 month ago | finance.yahoo.com | Hal Bundrick

There's been a lot of talk lately about the possibility of a recession. In April, JPMorgan Research increased the probability of a recession in 2025 to 60%, up from the earlier prediction of 40%. Torsten Sløk, a partner and chief economist at Apollo Global Management, an alternative asset manager and owner of Yahoo Inc., puts the odds of a recession this year at 90%. Sounds bleak, right? Yet, a recession may be just the kind of economic setback that pushes mortgage rates down.

2 months ago | finance.yahoo.com | Hal Bundrick

Little by little, you've amassed a substantial pile of debt. Now, you're looking to reduce or, better yet, eliminate that burden. You might even wonder if you should refinance your mortgage to pay off debt. It's a good thought — maybe the perfect solution. Paying off debt is the most common reason people get cash-out refinances. According to the Consumer Financial Protection Bureau, more than 40% of borrowers in 2020 and 2021 said the loans were to pay off bills or other debts.

Mar 25, 2025 | finance.yahoo.com | Hal Bundrick

Pocket listings are the hidden treasures of real estate. Or, at least, they seem to be. There's a real appeal in finding a perfect house for sale that hardly anybody knows about. Yet, pocket listings aren't as rare as you might think. About 1.2 million homes were sold through pocket listings last year, according to BatchService, a property research company. Most were in Texas, Florida, and Georgia. So, what's the deal with pocket listings?

Mar 18, 2025 | finance.yahoo.com | Hal Bundrick

A reverse mortgage can be an appealing option for senior homeowners looking to boost their income. Today, reverse mortgages have shed their shady reputations from years ago and are government-backed loans well worth considering. However, with potentially high fees and stout interest charges, shopping for the best reverse mortgage company is more important than ever.

Mar 11, 2025 | finance.yahoo.com | Hal Bundrick

The list of home-buying closing costs is long. The real question, though, is who pays closing costs. Some closing costs are paid by the seller, others by the home buyer — but practically all are negotiable. Consult the Yahoo Finance guide to closing costs for a detailed list, with an estimate of the total of each fee. We're here to answer your question simply and to the point: Who normally pays closing costs?