News

3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans
While most conventional loans aren’t assumable, loans backed by the FHA and VA are—if certain conditions are met.
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Mortgage Predictions for July: Will Rates Continue Falling?
Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their ...
Will lower mortgage rates save California’s housing market?
A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an ...
‘Finance makes me break out in hives’: I inherited $240K from my parents. Do I pay off my $258K mortgage and give up my job?
Dear Quentin, I recently lost both my parents and inherited $240,000. Due to life choices (divorce) and living paycheck to ...
Federal Mortgage Regulator Bill Pulte Calls on Congress To Investigate Fed Chair Powell
Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...
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What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
Mortgage rates see slight rise in US: 30-year fixed now at 6.59%
Mortgage rates hiked a little on July 5, but weren't too high. Today, the average 30-year fixed mortgage rate increased by ...