Selling your house? Here’s how long you’ll have to wait for a buyer these days.
Selling your house? You might be in for a long wait. Mortgage rates remained elevated throughout January, which has sapped ...
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High home prices and mortgage rates putting American Dream out of reach of many families
The median age of first-time homebuyers rose to 38 last year. That’s significantly above historic norms, when median ...
Many families find the American dream out of reach as home prices high
With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time ...
Why Americans still can't get cheaper mortgages, car loans or card balances after three Fed rate cuts
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
The Republic6h
With home prices and mortgage rates high, many families find the American dream out of reach
The Petersen family’s two-bedroom apartment in northern California is starting to feel small. Four-year-old Jerrik’s toy ...
The Anniston Star17h
Hennessy named Mortgage Broker of the Year by national organization
Jim Hennessey, CEO and founder of Hennessey Home Lending, has been named Mortgage Broker of the Year for 2024 by the National Association of Mortgage Brokers (NAMB).
New Zillow Data Shows "Typical Mortgage Payment" Has More Than Doubled in Just 5 Years
Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.
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What is Fannie Mae? All about America’s big mortgage market-maker
Fannie Mae, officially the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise that maintains liquidity in the mortgage market by buying loans from banks and mortgage ...