Lenders will often charge a higher interest rate for a second home or a property you intend to use as a rental since the risks there are higher.
Category: Mortgages
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Trump Seeks to Sell Fannie Mae and Freddie Mac Shares to Public Investors
More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Zillow Is Growing When the Housing Market Is Frozen
Through boom and bust, Jeremy Wacksman says people keep coming to the listings site to “gawk” and “dream.”
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Mortgage Lenders Can Soon Use VantageScore. Is That Good for Borrowers?
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.
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Crypto Industry Moves Into the U.S. Housing Market
Americans are finding ways to use digital currencies to help them buy homes, and new companies are forming to help people tap their home’s value to buy Bitcoin.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a discrimination lawsuit.
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Office Market Poised to Rebound as Work From Home Policies End
Sales of office buildings jumped 20 percent last year, and leasing activity is up, too. Companies are looking for more space as work-from-home policies peter out.
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Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts
William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity.
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Federal Housing Agency Braces for Deep Job Cuts
William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity.
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Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.