News

Here's How Much Mortgage Rates Have to Drop to Make Housing Affordable
Key Takeaways A Zillow study showed that mortgage rates in many major U.S. cities would have to drop well below current ...
Can you outlive a reverse mortgage?
While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...
Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
Mortgage Rates Just Hit a 5-Week Low—Saving Buyers Over $1,000 a Year vs. Spring
Since early June, however, homebuyers have gotten some relief, with the flagship mortgage rate average moving further and ...
The 60% reverse mortgage rule: What it is and how it impacts borrowers now
The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
Why mortgage lenders are ignoring Trump’s rollback on home appraisal reviews
Some of the country's biggest lenders, including JPMorgan Chase, Bank of America Corp. and U.S. Bancorp, said they would make ...
Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Sen Adam Schiff under federal criminal investigation for alleged mortgage fraud violations
California Democrat under criminal probe for mortgage fraud after allegedly falsifying property records to secure favorable ...