Millennials go their own way when it comes to tapping home equity
Americans ages 25 to 40 are more likely to use their home equity for vacations, electronics and investing than baby boomers or Gen Xers.
Black neighborhood home-appraisal gap is real and persistent, Freddie Mac reports
Appraised values are more likely to fall short of the contract price for homes in census tracts with a higher share of Black and Latino...
In hot housing market, fixer-uppers present opportunities — and challenges
For buyers frustrated by the lack of inventory and rocketing prices, older homes can be a good compromise. However, there are challenges that come with...
New mortgage refinance program for lower-income homeowners opens
The Federal Housing Finance Agency announced a new refinance option for low-income borrowers with mortgages owned by Fannie Mae and Freddie Mac. Freddie Mac’s version...
Mortgage borrowers’ credit scores rise to new record high
Your credit score is the single most important factor in determining your mortgage rate. Here’s why and how you can boost it.
Working remotely? Some cities, states will pay you to move in
Baltimore, Topeka and Tulsa are among the places paying up to $15,000 to lure remote workers to town. The states of Maine and Alaska also...
Some mortgage companies misled borrowers about forbearance, regulators say
When the U.S. economy plunged into a recession last year, politicians and the mortgage industry leapt into action offering forbearance. Not every homeowner was given...
Advice for homebuying in a boom: Before entering a bidding war, take a deep breath
With mortgage rates at record lows and inventory tight, housing prices are soaring in many areas. A real estate economist offers some advice for homebuyers:...
Why the coming foreclosure crisis will look nothing like the last one | Jeff Ostrowski
The COVID-19 pandemic will lead to a rise in mortgage defaults and foreclosures. But as the housing market muscles through this economic downturn, it looks...