Source: The Ascent — Right now isn’t the best time to be hunting for a deal on a new mortgage loan, but what if you already own a home and are hoping to refinance it and get a different mortgage rate? Rates are up across the board, so you may not save...
Source: The Ascent — If you’re hoping to buy a home in 2023 or soon after, you’ll need to get to work on saving up a down payment if you haven’t already done so. Most mortgage lenders do require at least a small down payment, and a larger one...
Source: The Ascent — It’s been a really tough go for prospective home buyers since mid-2020. For the past two years and change, the real estate market has sorely lacked inventory. That’s driven home prices upward and forced buyers into countless...
Source: The Ascent — It’s been a wild couple of years for the housing market, from price increases due to a lack of housing supply and skyrocketing demand, to this year’s mortgage rate spike. New data from the Dallas Fed suggests that we could be...
Source: KCRA News — WASHINGTON — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure on the housing market that pushed mortgage rates above 7% for the first time since 2002. But now...