The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates..
Negative Equity Falls to Pre-Recession Levels Thanks to Home Price Gains
Homeowner equity jumped again in the fourth quarter of last year. CoreLogic’s report said it found that, among homeowners with mortgages, about 63 percent..
COVID-19 Beginning To Affect Real Estate, But It’s Not All Bad News
Home sellers and potential buyers appear to be having a variety of reactions to the turmoil surrounding the COVID-19 virus with some even viewing it..
Fed cuts interest rates, signals holding pattern for now
WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher..
The 10 major U.S. cities where housing costs have increased the most
If you want to live in a big city but have a tight budget, you may want to avoid places such as Miami and..
Millennials drive mortgage refinance boom, and lenders are scrambling
KEY POINTS Refinance applications were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. That has..
Lower Interest Rates: What They Mean for Housing and the Economy
Recent jolts to the economy stemming in part from an intensified trade war with China have worried markets and resulted in a significant decline..
This state is home to the best cities for renters
Scottsdale, Arizona, is the top city for households who want to rent, largely due to its quality of life, according to an analysis by..
It’s no longer a question of if the Fed will cut interest rates, but when
KEY POINTS The surprisingly weak jobs report for May, with just 75,000 jobs created, shows that the resilient job market is now being hit..
Mortgage rates are low. Here’s how to figure out the best plan for your budget
Low mortgage rates have many people thinking about buying a new home or refinancing their current mortgage. To take advantage, figure out your budget..