You Searched For "mortgage affordability" and got 20 results
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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
7 mins read
3 couples who recently got mortgage interest rates under 3% share how they did it
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…
Alcynna Lloyd
2 mins read
Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says
Mortgage rates will remain above 6% next year, with the market already pricing in Fed rate cuts, Go…
Kelly Cloonan
4 mins read
I got laid off at 65 and couldn't afford my Bay Area mortgage. Now, I work for myself while traveling the world.
After getting laid off by First Republic Bank in June 2023, Tony Woodall started renting out his ho…
Tony Woodall
2 mins read
Half of renters live somewhere they can't afford
For decades, financial advisors and the federal government have recommended that Americans spend no…
Eliza Relman,Noah Sheidlower
4 mins read
Diddy, anticipating his arrest, paid off the mortgage on his $48.5 million mansion
Sean "Diddy" Combs paid off the $18.8 million mortgage on the home in August to "build trust" ahead…
Jordan Pandy,Madeline Berg,Ja…
4 mins read
A California couple built a $500,000 ADU in their parents' backyard when they couldn't afford to buy a traditional house
Ali and Aislyn Benjamin's live in an ADU in his parents' yard. The couple asked wedding guests to g…
Alcynna Lloyd
2 mins read
Buying a home just got more affordable for the first time in 4 years
Home affordability just improved amid a fall in mortgage rates, but don't expect further easing fro…
Kelly Cloonan
4 mins read
I quit my 6-figure job to be a stay-at-home dad. After leaving California, we could afford to be a single-income family.
Michael Johnston quit his six-figure engineering job to be a stay-at-home dad after he and his wife…
Alexandra Frost
4 mins read
A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income
A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…
Jacob Zinkula
2 mins read
Buying a home is going to get affordable again — but you might have to wait until 2030
The cost of homeownership in the US will return to "normal levels" by the end of the decade, accord…
Jacob Zinkula,Andy Kiersz
4 mins read
Canada's unprecedented housing crisis could be a warning sign for the US
As in the US, demand for housing in Canada is far outstripping supply. High interest rates and spec…
Eliza Relman
5 mins read
I couldn't afford retirement in the US on $3,000 a month, so I moved abroad. I've lived in 43 countries and am happier.
Norman Bour and his wife moved abroad for a more affordable lifestyle. They are currently living in…
Alcynna Lloyd
5 mins read
I spent nearly $60,000 when 2 of my kids were in full-time childcare. We delayed having a 3rd child because we couldn't afford it.
Randi Braun had two kids in childcare at one point. She said she wanted another child but had to de…
Lauren Crosby Medlicott
1 min read
There's a 3-part checklist for how housing can become affordable again, economist says
Affordability can come back to US housing within three years if three things happen, a TD economist…
Filip De Mott
4 mins read
A Gen Xer quit his corporate job in SF and moved to Colombia. He said Medellín is more affordable and he's been able to launch 2 startups.
Jason Bennett, 46, left the Bay Area for the chance to be his own boss abroad.
John Towfighi
4 mins read
We moved my mom in to help us take care of our triplets. We couldn't afford childcare, but we also couldn't do it alone.
The new parents couldn't afford the cost of $2,400 per month for day care. The 64-year-old grandma …
Jane Ridley
1 min read
Rising prices will prolong America's home-affordability crisis with 89% of the market still overvalued, Fitch says
The ratings agency expects home prices to increase between 3% and 5% through year-end, despite an u…
Filip De Mott
2 mins read
Beware lower mortgage rates that could unleash a buying spree and push home prices higher, 'Shark Tank' investor Barbara Corcoran says
Corcoran explains why homebuyers who wait for lower mortgages will end up paying more in the end.
Filip De Mott
4 mins read
A homebuyer who got a 2.75% mortgage rate this year broke down how he did it
Brian Sankey got a low interest rate using an assumable mortgage, which is helping him buy a larger…