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Biden, Jeffries meet as some House Democrats call on him to leave 2024 campaign
President Biden and House Minority Leader Hakeem Jeffries met at the White House Thursday evening, giving the top House Democrat a chance to share the concerns of his caucus, Jeffries said in a letter to House colleagues.
A growing number of Democrats, particularly those in districts with tight races, have been calling on the president to exit the race after his poor debate performance last month. Mr. Biden spoke softly throughout the debate, flubbing lines and at times losing his train of thought. The debate prompted Democrats on Capitol Hill to begin discussing whether Mr. Biden should be the party’s presidential nominee.
Jeffries and other Democratic congressional leaders have been listening to the concerns of the caucus. Several Democratic lawmakers have said they do not believe Mr. Biden can defeat former President Donald Trump this fall and worry that his campaign could also result in the loss of the House and Senate for Democrats.
“Over the past several days, House Democrats have engaged in a thoughtful and extensive discussion about the future of our country, during a time when freedom, democracy and the economic well-being of everyday Americans are on the line,” Jeffries said in a statement. “Our discourse has been candid, clear-eyed and comprehensive. On behalf of the House Democratic caucus, I requested and was graciously granted a private meeting with President Joe Biden. That meeting occurred yesterday evening.”
Jeffries said that in his conversation with the president he “directly expressed the full breadth of insight, heartfelt perspectives and conclusions about the path forward that the Caucus has shared in our recent time together.”
The meeting took place after the president’s press conference at the conclusion of the NATO summit.
In the news conference, the president said he’s staying in the race to “finish the job” he started.
“I believe I’m the best qualified to govern,” he said. “And I think I’m the best qualified to win. But there are other people who could beat Trump, too. But it’s awful hard to start from scratch.”
On Thursday, top Biden aides met with Senate Democrats, some of whom have also expressed concerns about the president’s ability to beat Trump in November.
“I am deeply concerned about Joe Biden winning this November, because it is an existential threat to the country if Donald Trump wins,” Sen. Richard Blumenthal of Connecticut told reporters Wednesday. “So I think that we have to reach a conclusion as soon as possible.”
Nancy Cordes contributed to this report
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Best mortgages for first-time homebuyers
Rising home prices and high mortgage rates haven’t made buying a home easy these last few years. In fact, with affordability such a challenge, it’s only made shopping around for a lender that much more important.
It’s true: Comparing lenders can make a big difference when it comes to price. According to Freddie Mac, getting just four different mortgage rate quotes can save you about $1,200 per year.
But rates aren’t the only thing you should think about when choosing a lender. Want to make sure you pick the best mortgage company for your needs? See below for some of the best lenders for first-time homebuyers currently on the market.
Lock in a low mortgage interest rate here today.
Best mortgages for first-time homebuyers
Here are the best mortgage lenders for first-time homebuyers, broken down into six categories:
Best for low down payments: Veterans United
Veterans United exclusively offers VA home loans — which means all its loans require zero down payment. Though you’re welcome to put some money down, VA loans are one of the few mortgage options with no down payment requirement.
There is a catch, though: You’ll need to be a current military member, veteran, or spouse of one to qualify. Certain service requirements must be met as well. If you can do it, though, you’ll save yourself money both upfront (on the down payment) and in the long haul, as VA loans tend to have lower interest rates than other loan options.
Learn more about Veterans United here now.
Best for good credit: US Bank
If you have decent credit, US Bank might be a good option for your mortgage. The lender offers conventional, FHA and VA loans, and its rates are some of the lowest of lenders we analyzed. You can also apply fully online and get valuable closing cost discounts if you use other US Bank services.
Best for low credit: Cardinal Financial
Cardinal Financial is a good option if your credit score is on the lower end. The lender allows for scores as low as 620 on conventional loans and 580 on FHA, VA, and USDA loans. There are also jumbo loans — if you’re buying in a high-priced market or eyeing a more expensive property — and construction loans for buyers looking to build their own homes from the ground up.
Best for no lender fees: Better.com
Most lenders charge a variety of fees for processing your mortgage. These might include an origination fee, application fee, underwriting fee, and more. With Better.com mortgages, you won’t see any of these charges. The online lender charges no lender-side fees for underwriting, servicing, or originating its mortgages. There are other typical closing costs, though.
Best for online borrowing: First Mortgage Direct
First Mortgage Direct is a fully digital mortgage lender that lets you manage your mortgage process from start to finish all on the web. You can get a rate quote online, fill out an application, submit your documentation, and even close digitally, too. The lender also offers many online resources to help you along the way — things like informative videos, calculators, articles and more.
Best overall: New American Funding
New American Funding has something for everyone: conventional loans, government-backed loans, jumbo loans, construction loans, non-QM loans and more. There are even loans with customizable terms and options that can turn you into an all-cash buyer to make you more competitive. The lender also has a 4.1-star rating with the Better Business Bureau and a 4.6-star rating on Trustpilot.
Always shop around
Whether you’re buying your first home or your fifth, shopping around for your mortgage is important. If you need help doing so, consider enlisting a mortgage broker. These professionals can shop around on your behalf, help you compare lenders and loan options and ensure you get the best rate.
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