Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
Category: Mortgages
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In Japan, the Era of ‘Free’ Mortgages Is Coming to an End
Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates.
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
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30-Year Mortgage Rate Falls to 6.35%
Further declines could encourage more activity from buyers and sellers.
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30-Year Mortgage Rate Dips to 6.46%; Home Sales Rise
Home buyers this week saw the lowest average rate since early 2023, and existing-home sales rebounded in July. Analysts predict more relief ahead.
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Consumer Protection Agency Cracks Down on Seller-Backed Home Sales
Risky contract-to-deed home sales are subject to the same protections as mortgaged-financed homes, the consumer protection agency said.
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30-Year Home Mortgage Rate Falls to 6.47%
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
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A Mortgage Alternative for Lower-Priced Homes Comes With Risks
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans.
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Welcome to the Rejected Housewives Suite!
My single (and yes, cat-lady) home became a landing zone for friends after their breakups.
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How Fed Rates Influence Mortgages, Credit Cards and More
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.