Closing Costs for Buying a Home Have Risen Along With Rates

Closing Costs for Buying a Home Have Risen Along With Rates

These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down.
High Mortgage Rates Leave Biden Searching for Housing Relief

High Mortgage Rates Leave Biden Searching for Housing Relief

The president and his team are seeking ways to help Americans afford to rent and buy homes, as high borrowing costs dampen views of the economy.