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One of the most important things to consider when choosing a neighborhood is: What is your life like? What do you like to do, and where do you like to go, in terms of restaurants, shopping, schools?
Last month, the government unveiled plans that could cut closing costs for many applicants for FHA loans. An undated announcement claimed, "FHA eliminates 12 costly and burdensome policies in sweeping ...
The average 30-year fixed rate mortgage is 6.61% today, an increase of 0.03% since yesterday. The 15-year fixed mortgage rate stands at 5.58%, the same as one day ago. The 30-year FHA mortgage now ...
I frequently have clients express interest in fixer-uppers. DIY renovation shows have definitely made an impact! And why not? It looks easy enough on television. You buy a house that needs a little ...
Some people are making appealing claims about how "No Buy July" could put you on a firmer financial footing. So, this should be of real interest to both first-time buyers and existing homeowners.
Business Insider reported on June 26, "Sales of new single-family houses fell 13.7% month-over-month, from 722,000 in April to a seasonally adjusted annual pace of 623,000 in May. The May number is ...
In this case, the 0.5% increase would cost more than $46,000 in additional interest over the life of the loan, and an extra $127 per month. Fixed vs. Adjustable Mortgage Rates Fixed-rate mortgages are ...
The average 30-year fixed rate mortgage is 6.59% today, unchanged since yesterday. The 15-year fixed mortgage rate stands at 5.57%, up by 0.02%. The 30-year FHA mortgage now averages 5.98%, having ...
Buy Now, Pay Later (BNPL) is a hugely popular way for younger consumers to borrow for purchases, mostly electronics, furniture and household goods, but increasingly for groceries and other essentials.
Fannie Mae and Freddie Mac's federal regulator has directed the two enterprises to form rules around considering cryptocurrency assets in mortgage applications. The new rule won't come into immediate ...
The bigger picture Mortgage rates' run of modest falls continued yesterday, notching up a sixth consecutive drop. Mortgage News Daily reckons the last time they were this low was on April 4. Will that ...
Coming up Although economic reports are usually the main drivers of changes to mortgage rates, they're not the only ones. The general mood in markets and economically consequential news can also ...