Economic News - Page 3

A major industry player is urging the CFPB to remove DTI requirements from its qualified mortgage rule once the so-called “QM patch” ends.

The Fed is feeling pressure to lower bank rates at this week's meeting. Learn how Trump and others are influencing the Fed, and how this might affect you.

Mortgage rates have dropped to new lows, putting a record number of homeowners "in the money" to refinance and cut their rates by at least 0.75%, says a new report.

Mortgage rates are in a tailspin as the Fed holds rates steady in June and hints at a significant cut this July.

A few months ago, it didn't make sense for many homeowners to refinance. But almost overnight, nearly 5 million of them can cut their monthly payments. What's going on?

Three percent mortgage rates are a real possibility in 2019, and in fact, already here for some borrowers, according to The Mortgage Reports daily survey. See if you qualify for a rate in the 3s.

Brexit drama is pushing down US mortgage rates. Should mortgage shoppers act now or wait for rates to drop even lower?

Baby Boomers are shunning the idea of downsizing. According to a new survey, more and more older Americans are opting to age in place — and they’re focusing big on home improvements to make it happen.

The shutdown of the US government, and the financial difficulties furloughed workers face highlights the need for emergency savings. How much do you need, and how do you get it? Find out here.

It no secret that the 800,000 furloughed federal workers affected by the nearly 40-day government shutdown are struggling. Fortunately, three industry players have stepped up to help.

Government shutdown victims and others can find ourselves in impossible financial difficulties where we face a late mortgage payment. Here's what to do.

Mortgage rates have been falling since November, but the American consumer is just now noticing. A mini refi boom has started as homeowners are starting to notice low rates.

If you ask real estate agents, 2019 will be riddled with housing cost concerns, inventory shortages and high home prices thanks to Amazon’s HQ2. Despite all this, agents expect home sales to remain largely steady (or even increase) over the year.

Expect home price growth to slow even more as we head into 2019. According to a new forecast, prices will likely increase 4.8 percent by November 2019 — a dip from this year’s increase of 5.1 percent.

Is investment into real estate tech finally starting to wane? According to new data, it just may be. — and fast. VC investments dropped 96 percent in December alone.

Mortgage rates are still on the decline, despite a recent rate hike from the Federal Reserve. This dip is likely behind the most recent increase in existing home sales — the first such jump in more than six months, according to Freddie Mac.

Buying a home before marriage is becoming increasingly more popular — particularly with women. According to new data, single women are almost twice as likely as single men to become homebuyers.

Want to avoid a burglary or robbery in your newly purchased house? Then you might want to steer clear of Texas. According to a new study, the Lone Star State has the highest amount of burglary losses in the entire country.