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China Says It Will Start Buying Apartments as Housing Slump Worsens
Posted inBanking and Financial Institutions China Mortgages People's Bank of China Politics and Government Real Estate and Housing (Residential)

China Says It Will Start Buying Apartments as Housing Slump Worsens

Signaling growing alarm, policymakers ramped up their efforts to stem a continued and steady decline in real estate values.
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Posted by By Alexandra Stevenson
Assumable Mortgages Are Making a Comeback Amid a High-Rate Market
Posted inFederal Housing Administration Mortgages Personal Finances Real Estate and Housing (Residential)

Assumable Mortgages Are Making a Comeback Amid a High-Rate Market

Assumable mortgages — or low-rate mortgages that home buyers can take over from home sellers — are making a comeback. The process can be challenging.
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Posted by By Tara Siegel Bernard
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Posted inBanking and Financial Institutions Credit and Debt Credit Cards Federal Reserve System Government Bonds Home Equity Loans Interest Rates Mortgages Personal Finances Student Loans

What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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Posted by By Tara Siegel Bernard
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
Posted inBanking and Financial Institutions Interest Rates Labor and Jobs Mortgages Prices (Fares, Fees and Rates) United States Economy

High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.

High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
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Posted by By Jeanna Smialek

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