Source: The Ascent — These days, inflation is driving living costs upward across the board, and that’s put a strain on a lot of people, homeowners included. And so if you’re having difficulty keeping up with your mortgage payments, you’re no...
Source: CNN Business — Washington, DCCNN — 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....
Source: Yahoo! Finance — Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes,...
Source: realtor.com — When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-,...
Source: U.S. News — Mortgage rates have fallen every week for the past month, with the average rate on the 30-year fixed mortgage retreating further to 6.65%. Borrowing costs dipped across all fixed-rate mortgage products, including FHA loans, VA loans and...
Source: CNBC News — After a month of declines, mortgage application volume is rising, as current homeowners and potential buyers move on lower mortgage rates. Applications rose 3.2% last week compared with the previous week, according to the Mortgage Bankers...
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruct…
