Mortgage

Bidenomics tells us don’t worry; be happy. We live in the best of all possible economies, just as Joe Scarborough recently told Americans the “truth” that we are experiencing the best of all possible Joe Bidens. The economy is fantastic,…

by Will Kessler   Mortgage applications sank last week as high prices and rising mortgage rates have increased unaffordability for average Americans, according to data from the Mortgage Bankers Association. The total volume of mortgage…

Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US residential mortgage debt…

by Will Kessler   Mortgage rates have continued to rise for the seventh straight week, reaching their highest point in over 23 years, according to the Mortgage Bankers Association (MBA). The average 30-year mortgage rate for Americans…

Mortgage rates in the U.S. surged to 7.49% this week, up from 7.31% the week before, Freddie Mac reported on Thursday — making homeownership an even more distant dream for potential homebuyers. A year ago, the interest rate for a…

Mortgage rates have reached their highest point in the past 15 years, creating concerns for homebuyers and homeowners alike. While it’s well-known that mortgage rates are closely related to yields on 10-year treasury bonds,…

Buying a home or owning a property can often feel like a pipeline dream for those that are self-employed, or working as a freelancer. Typically, any lender will carefully evaluate the financial criteria of any mortgage applicant.…

by Andy Matthews   One of the essential lessons most of us are taught early in life is the importance of developing a sense of financial responsibility. Work hard to earn a good paycheck. Don’t spend more than you can afford. Save for…

The Consumer Financial Protection Bureau (CFPB) sued a small mortgage company over comments it made about Chicago crime, arguing that they could discourage potential minority applicants from…

A former Obama administration official ripped a proposed Biden administration rule Thursday, saying it incentivized people to “worsen their credit.” “This is really convoluting the entire…