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What you missed this week on Bankrate view in browser Mortgage and real estate news this week Despite historic levels of inflation, some prices are showing signs of cooling down. Still, prices remain high enough that many prospective homebuyers are hesitant to make a purchase. Learn more about the pros and cons of buying a home during this uncertain time. Read the roundup top 30-year cash-out offers Homebuying amid inflation If you’re weighing whether to buy a home right now, you may be better off sacrificing the ability to build equity now for the prospect of better prices and interest rates down the line. But if the circumstances of your life require you to make a purchase at this time, there are steps you can take to get a better deal financially, such as obtaining a rate lock or choosing a lender with no or low fees. Read the article Understanding foreclosure If you miss multiple mortgage payments, you are at risk of foreclosure, which means that the lender can take control of your property. If you’re at risk of foreclosure, it’s important to take steps to reduce the likelihood of losing your home, such as setting up a repayment plan or taking advantage of forbearance programs. Read the article Adding a co-borrower to your mortgage If you need help qualifying for a mortgage, you may consider finding a co-borrower, whose financial details will be considered in tandem with yours when applying for a loan. There are a variety of possible co-borrower agreements, so it’s important to consider the liabilities and advantages of each. Read the article new! Bankrate cash back Buying a new home? Get a $1,000 reward card when you close on a loan* Shop mortgage rates from top lenders and apply online. Close on your new loan with one of our lending partners. Upload your closing documents and redeem your cash back! Shop mortgage rates from top lenders and apply online. Close on your new loan with one of our lending partners. Upload your closing documents and redeem your cash back! Compare rates take your next step Mortgages Wealth Credit cards Loans Investing Home equity Insurance Retirement © 2022 Bankrate LLC. All Rights Reserved. Bankrate LLC • 3801 PGA Boulevard • Suite 555 • Palm Beach Gardens, FL 33410 *Cashback Offer only available from August 1, 2022 to September 30, 2022. Offer not available in NY, AK and MS. Advertising Disclosure: The table above is a snapshot of our current rate table and does not include all available rates. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where and in what order products appear. This table does not include all companies or available products. Bankrate does not endorse or recommend any companies. *Cash-out refinance offers based on a $260,000 loan amount. Bankrate, LLC NMLS ID #1427381 | NMLS Consumer Access BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access You received this update at luke_huff@hotmail.com because you have a Bankrate account. You may unsubscribe from this email here. View our privacy policy.