You Searched For "mortgage" and got 20 results
Sort By:
2 mins read
Mortgage rates are falling, but there are 3 reasons buyers are still on the sidelines
Buyers are waiting to see how new rules on agent fees play out, and if mortgage rates and home pric…
Kelly Cloonan
1 min read
Mortgage rates have dipped below 7% — providing home buyers some much-needed relief
The 30-year fixed mortgage rate fell to below 7% for the first time since March.
Jacob Zinkula
2 mins read
A 40-year mortgage is the answer to improving home affordability, CEO says
"By making homeownership attainable for more Americans, we lay the foundation for a more resilient …
Matthew Fox
2 mins read
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…
Filip De Mott
4 mins read
A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.
Kobi Smith moved to Germany after a career as an attorney in Washington, DC. He works at Popeyes an…
John Towfighi
3 mins read
A Gen Xer relocated from Austin to rural Arkansas thanks to a $16,000 mover incentive that helped pay his mortgage. Now he's enjoying the 'good, hometown living.'
Britt Lorino, 55, relocated to Arkansas after living most of his life in Austin. The county's mover…
Allie Kelly
2 mins read
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
The CMBS market is in trouble, one hedge fund boss says, as loans on offices across the US are at r…
Jennifer Sor
5 mins read
75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.
Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…
Theron Mohamed
1 min read
Borrowers are rushing to refinance their mortgages as rates tumble to the lowest level in over a year
As mortgage rates fall, refinancing applications soared 34.5% last week to the highest level in ove…
Kelly Cloonan
6 mins read
A boomer who has had cancer and gets $2,200 a month in Social Security can't retire comfortably: 'It's a catch-22'
Wendy Jones, 71, and her husband with disabilities face financial struggles even though she receive…
Noah Sheidlower
4 mins read
A family moved to the Bay Area from Georgia for a better quality of life. They pay more than double for housing but they're happier.
Xyndi and Eric Lomboy have been happier since they moved to California, even though their housing c…
John Towfighi
4 mins read
Meet the 'silver squatters': Adults in their mid-50s who are woefully unprepared for retirement
A large cohort of adults in their mid-50s is unprepared for retirement and may need to rely on fami…
Jennifer Sor
3 mins read
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help …
Eliza Relman
3 mins read
Economist Paul Krugman defends Harris' price-gouging plan — but 'Shark Tank' star Kevin O'Leary calls it a 'horror film'
Kamala Harris' plan to crack down on price gouging sparked accusations of communism from some conse…
Theron Mohamed
3 mins read
Wall Street knows interest rate cuts are coming. What matters is how big they'll be.
Federal Reserve Chair Jerome Powell will deliver his biggest speech of the year at Jackson Hole. Wa…
Ayelet Sheffey
2 mins read
Obama says Harris would make the economy fairer as president — while Trump would help his rich friends
Barack Obama said Kamala Harris would widen access to good jobs, schools, and housing, while Donald…
Theron Mohamed
2 mins read
The economy is flashing a recession signal that's only been seen 4 times in the last century, veteran economist Steve Hanke says
A recession is coming in the US by early next year, one John Hopkins economist predicts.
Jennifer Sor
4 mins read
A baby boomer from Baltimore moved to Germany 19 years ago and plans to retire there. He says free healthcare and quality of life are better than in the US.
Jeffrey Park, 63, has worked in Germany since 2005 and plans to retire there. He prefers the healt…
John Towfighi
1 min read
The mortgage lock-in effect shaved $20 billion off the US economy in a year
Americans who would have moved in recent years have instead been staying put, clinging to ultra-low…
Jennifer Sor
5 mins read
A boomer couple who have pensions after working their whole lives said they're just scraping by after retiring: 'I can't imagine getting by on Social Security alone'
Nina and James, a boomer couple, face financial struggles after unexpected emergency expenses despi…