Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Fox Business — Mortgage applications have fallen for a second consecutive week as homebuyers’ fears of a potential recession continue to grow. For the week ending July 1, the Mortgage Bankers Association reported a 5.4% decrease in mortgage...
Source: Keeping Current Matters — According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation....
Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Bankrate — Backed by the U.S. Department of Agriculture, USDA home loans are available to borrowers in certain rural areas. If you’re in an eligible area, you could qualify for this special no-down payment mortgage, provided your income falls within the...
Source: Mortgage News Daily — Mortgage rates have been moving lower for the past 3 weeks after hitting the highest levels since 2008 in the middle of June. This was a larger-scale repeat of a similar pattern that played out in the month of May. Taken...