Mortgage Rates Change Little Ahead of Fed Decision
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VantageScore could potentially help younger borrowers or others with limited credit histories qualify for home loans or get better rates, saving them money.
Mortgage rates dropping to 6% would allow for over 5 million more households to afford a home, according to the National Association of Realtors.
The central bank is expected to keep rate cuts on pause this Wednesday. Here's what that means for mortgage rates.
Beyoncé and Jay-Z took out a $57.75 million mortgage on their Bel Air mansion in Los Angeles, the Daily Mail reported. The superstar pair boasts a combined estimated net worth of $3 billion and an impressive real estate portfolio on both coasts, but their massive home in the Bel Air hills remains a family base.
Missing a mortgage payment can have detrimental consequences such as foreclosure. In addition, this can also affect your credit score.
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Facing higher home prices and interest rates, many buyers are looking for mortgage co-signers. But things can get tricky when it’s time to sell.
Sen. Adam Schiff is under scrutiny after the FHFA accused him of falsifying documents to claim primary residency in both Maryland and California in order to secure favorable mortgage terms.
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
FULL STORY: Millennials Are More Stressed About Their Mortgage Payments Than Any Other Generation Millennials, facing soaring home values and high interest rates, are more stressed about paying mortgages than any other generation, with only 50% believing in homeownership as part of the American dream.
Five Senate Democrats are pressing Federal Housing Finance Agency (FHFA) Director William J. Pulte to justify his recent directive calling for Fannie Mae and Freddie Mac to explore the use of cryptocurrency assets in mortgage underwriting.