Mortgage rates continue their ascent
Mortgage rates showed no let up in their upward march this week. The 30-year fixed-rate average surged to 4.42%, up 1.2 percentage points since Jan....
Mortgage rates soar to levels not seen in nearly three years
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average spiked to 3.92% with an average 0.8 point.
Many home insurance premiums are rising faster than inflation
Across the country, homeowners renewing their policies are discovering that rising material costs, supply chain disruptions and climate change are combining to drive premiums up...
Mortgage rates hit 9-month high after rising for six weeks in a row
U.S. long-term mortgage rates continued to edge higher this week as the benchmark 30-year loan jumped to 3.17% with an average 0.7 point. The 30-year...
Mortgage rates shoot up to highest levels since mid-November
Mortgage rates came out of their doldrums in a big way this week. According to the latest data released Thursday by Freddie Mac, the 30-year...
Good news for self-employed borrowers: Nonqualifying mortgages are staging a comeback
After the pandemic halted nonqualifying mortgage borrowing in March, underwriting for these loans picked up mid-year. A non-QM broker explains what happened to the market...
Mortgage rates fall below 3% again
As attractive as the low mortgage rates are to borrowers, few can obtain them. Here's why.
Mortgage rates hit all-time lows
Although buyers may have been hoping the pandemic would cause home prices to fall, that hasn’t been the case so far.
Seattle-based Redfin reduces real estate agents by 40% amid cuts over coronavirus crisis
The Seattle-based company is also temporarily slashing all salaries by 10%-15% and canceling bonuses for the remainder of the year.