Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is one-hundredth of a percentage point. Delinquencies on ...
A new report is looking into solutions to expanding lending to Black and low-income homeowners after a study found Black households are underrepresented in the mortgage lending process.
Mortgage rates are unlikely to see major drops any time soon, as economic markets wait to see what comes of the Trump ...
Explore current VA refinance rates, understand the benefits of refinancing, and find out if refinancing your VA mortgage is a good idea right now.
If paying cash or obtaining a land loan isn’t an option, you might be able to use a second mortgage to buy land.
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.89%, pulling back ...
Mortgage rates fell slightly again this week but long-term rates remain in the upper-6% range as the housing market continues to drag, waiting for greater declines.
Reverse mortgages: Only generally applicable to homeowners age 62 and older, this option works as its name suggests: Lenders send payments to the homeowner from the accumulated equity each month. But ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
Mortgage rates in the U.S. dropped for a third straight week, easing pressure on homebuyers.
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