With mortgage rates having rebounded in October 2024, the new home affordability crisis has a very high likelihood of ...
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
As of this writing, the average 30-year mortgage is 6.44%. But just a couple of weeks ago, mortgage rates were sitting closer to 6%. So all told, it's a better time to sign a mortgage now than ...
D.R. Horton missed Street consensus across the board and warned about FY 2025. Existing home sales fell 1% in September from ...
A sizeable proportion of households finding themselves in significant financial stress is not a new thing, with the number of households in mortgage and rental stress rising strongly since the ...
If everything looks to be in order, you will sign to accept the mortgage and you will leave the office with the keys to your new home. At this point, a countdown begins. If no further action is ...
The amount you pay as a down payment can influence your mortgage interest rate. Generally, larger down payments result in lower interest rates, as lenders see these as a sign of strong financial ...
Once you’ve been approved for a mortgage, you still need to finish a few more steps to close on your new home. You’ll have to sign all the final documents before the home is officially yours.
A new job brought Timothy Payovich to a new city. The police officer, who had sold his previous home three years earlier and was renting, thought it was the right time to buy again. But the ...