Mortgage rates are double where they were a year ago, making home buying a much more costly endeavor. Home sellers are trying to help them out. Buyers are not feeling Read more
Tag: real estate credit
Three events rocked the U.S. economy in the past two decades, and this is the one lesson to learn from them
Three events shook the U.S. economy to its foundations during the past two decades, each different in nature but with a common lesson for investors and policy makers: Listen to Read more
Opinion: Home equity may be a solution for retirees battling inflation
With inflation at a 40-year high, many Americans are struggling to make ends meet. Inflation can be particularly problematic for retirees, forcing some to tap their long-term investments much earlier than expected Read more
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, Read more
My boyfriend has a nicer house, and says I should live with him. My mortgage is paid off. He believes I should pay half of his monthly costs. Is that fair?
Dear Quentin, My boyfriend owns a house with a 30-year mortgage balance of $150,000 on a 4% interest rate. He has $275,000 in cash and retirement accounts. He is retired. Read more
The 10 most affordable housing markets for homebuyers, according to Zillow
Rejoice, fans of “The Office” — if you’re looking to buy a home, Scranton, Pa. also happens to be the most affordable housing market in America, according to a new report. Read more
How last year’s housing market affected mortgage denials and what Fannie Mae, Freddie Mac using alternative credit scores means for potential homebuyers
Hi, MarketWatchers. Don’t miss these top stories. Fannie Mae, Freddie Mac to use alternative credit scores — what that means for potential homebuyers The federal government has approved two credit Read more
Fannie Mae, Freddie Mac to use alternative credit scores: What it means for homebuyers
NASHVILLE — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes. The Federal Housing Finance Agency on Monday announced at the Read more
How last year’s housing market affected mortgage denials
The housing market in 2021 was one for the record books. With prices at historic highs and the number of listings in a deep hole, open houses looked like Black Read more
Mortgage rates expected to fall as industry group predicts recession next year
NASHVILLE — A mortgage industry group is expecting a recession to hit the U.S. economy. “We’re forecasting a recession for next year,” Mike Fratantoni, senior vice president and chief economist Read more