Browsing: mortgages
Don’t hold your breath waiting for a lower mortgage rate or auto loan after the Fed cut, analyst says: ‘Unlikely to make a noticeable difference’
The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress…
America’s homeownership rate falls for the first time since 2016 amid economic and demographic shifts, Redfin says
For the first time since 2016, America’s homeownership rate has tipped into negative territory, signaling a subtle but profound shift…
Paris Hilton took out a mortgage on the $63 million mansion she bought from Mark Wahlberg. Here’s why that’s actually a smart financial decision
Considering Paris Hilton is worth an estimated $300 million to $400 million, it might seem odd that she reportedly took…
Millennials and Gen Z are gambling on a big mortgage-rate drop, using ARMs and refinancing. But that could be a ‘financial ticking time bomb’
Although mortgage rates peaked at 8% in late 2023, they remain relatively elevated at about 6.5%. But some members of…
Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused…
Even a 1% mortgage rate drop could be enough to ‘unlock’ the frozen housing market, Oxford Economics says
If you’re waiting for mortgage rates to fall to around 3% to buy a home, don’t hold your breath. The…
Not even a 0% mortgage rate would make buying a house affordable in these 6 U.S. cities
There are several factors affecting housing affordability in the U.S.—and stubbornly high mortgage rates are something felt across the country. …
Warren Buffett’s Berkshire Hathaway and Zillow say mortgage rates can’t fall enough for Americans to afford a home
During the pandemic, home buyers got accustomed to sub-3% mortgage rates, which made purchasing a house feel more achievable. But…
The Trump administration just took a big step toward considering crypto assets during home loan applications
The Trump administration is moving to consider cryptocurrency as an asset in home loan risk assessments, a change that would…
A new housing report reveals the hurdle to becoming a first-time homebuyer is now even higher in hundreds of U.S.…












