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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
A real-estate investor explains how he got a 2.75% mortgage amid 7% rates
Shopping at different banks and mortgage brokers won't yield much difference in rates. So Michael t…
Laila Maidan
The housing market is seeing its biggest logjam since before the pandemic
More than 19% of homes on the market saw a price cut in August, the highest share in 5 years, Redfi…
Jennifer Sor
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
Rate cuts were supposed to push mortgage rates lower. The opposite has happened.
Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since econom…
Matthew Fox
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
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…
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
Existing home sales hit a 14-year low as homebuyers hold out for lower rates that may not come
Homebuyers have stayed on the sidelines, waiting for lower mortgage rates. Based on how things are …
Filip De Mott
The housing market is thawing as an increasing number of 'mortgage lock' homes go up for sale, JPMorgan says
Existing home inventory increased nearly 6% last month, suggesting the housing market's inventory c…
Jennifer Sor
New home sales saw the biggest burst of activity in August since 2022, MBA says
New home sales climbed nearly 15% last month, according to the Mortgage Bankers Association, while …
Jennifer Sor
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, ac…
Kelly Cloonan
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…
Alcynna Lloyd
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
The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales
"Another reason sales are ticking up is buyers and sellers are finally living in the same reality,"…
Filip De Mott
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
From mortgage rates to home sales, here are Fannie Mae's housing market forecasts for the next 2 years
Today's housing market obstacles will remain through 2024, and total home sales will marginally imp…
Filip De Mott
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
Soaring mortgage rates take their toll on the US housing market as sales slump to a 13-year low
The latest data is a sign the US remains in a seller's market, according to the National Associatio…
George Glover
Sellers are doling out freebies to home buyers as sales stall and high mortgage rates freeze the housing market
Home buyers are pickier and are more likely to pull out of sales if they don't get the concessions …