Mortgage Rates Rise
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William Pulte, the Trump administration's newly appointed director of the Federal Housing Finance Agency (FHFA), has revealed plans to integrate bitcoin and other cryptocurrencies into the mortgage loan application process.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
Key Takeaways Applications for mortgages jumped 9.4% for the week ending July 4, as purchase activity reached its highest level since 2023.The surge comes as mortgage rates fell to 6.77%, the lowest reading in three months.
Rising property taxes and insurance costs are driving up mortgage escrow payments, destabilizing what was once a fixed monthly cost. Florida, S
Calls for foreclosure prevention advice jumped upward by almost 30% from a year ago and helped fuel overall consumer distress levels to a five-year high.
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Black homebuyers struggle with securing a mortgage loan and a new study found these challenges are unlikely to disappear anytime soon.
Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such as starting new businesses.