How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to ...
Tag: Mortgages
American homeowners are wasting more space than ever before
Tim Kitchen | The Image Bank | Getty ImagesThere may not be a lot of homes for sale these days, ...
More homeowners just started pulling cash out of their properties. Here’s why.
U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have ...
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 ...
Zillow adds climate risk data to home listings as threats rise
Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That's ...
Home prices hit record high in May as sales stall
Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit ...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
Cultura Rm Exclusive/twinpix | Image Source | Getty ImagesHome equity is near all-time highs. But tapping it may be tough ...
November pending home sales were unchanged, despite a sharp drop in mortgage rates
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to ...
‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros
This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows ...
‘Small percentage’ of bank deposits have been delayed by a glitch since last week, creating chaos for paying mortgages and rent
A processing glitch in the network that processes electronic transfers between nearly all U.S. bank accounts led to delays in settling ...
