Mortgage News - Page 21

What's happening with the government shutdown and mortgage closings? Find out how you will (or won't) be affected.

Homeowners are staying in their houses longer than ever. According to new data, the average homeownership tenure has jumped 10 percent in just the last year.

Know a Hannah, Austin, Alexis, Logan or Taylor? According to new data, they might just become homebuyers this year.

Home price growth is expected to slow this year, but in some places? There’s even a small chance that home prices might decline — especially in the West.

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.

As a homeowner, DIYing some of your property repairs can mean serious savings. Apparently, it can also can also mean serious injury, too. According to a new analysis, even some of the most innocuous DIY repairs and tools can have painful, long-term repercussions for America’s homeowners.

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.

American renters spent a startling amount on housing this year. According to new data, they paid a whopping $504.4 billion in rent across 2018 — nearly $13 billion more than last year and three times the net worth of Amazon CEO Jeff Bezos.

Don’t have a lot of cash to put down? Then buy a home in Atlanta or Phoenix. According to new data, buyers in these two Southern cities make the smallest down payments in the nation.

Can you unlock a mortgage if interest rates fall before your closing day? How much commitment does locking a mortgage require from you and your lender?

Housing inventory finally seems to be turning around. According to the latest data, inventory has increased for three months running, with a 0.4 uptick in November alone.

Home price growth recently slowed to its lowest rate since January 2017 — but according to one expert, it doesn’t mean the market’s bottoming out. In fact, it may even indicate prime home buying conditions come spring.

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.

Today's Federal Reserve (FOMC) meeting ended with a .25 percent increase in interest rates, surprising no one and having little impact on markets.

When it comes to saving for a down payment, Millennials are falling behind. In fact, according to a new study, nearly half of Millennial renters have zero down payment savings at all.

American homebuyers are flocking toward warmer climates. According to a new study, U.S. residents are increasingly leaving colder states, instead buying homes in places like Florida, Texas and California.

Homeowners have seen serious gains in equity this year. According to the latest data, the average owner saw their home equity jump 9.4 percent since 2018 — an aggregate increase of $775.2 billion across the nation.

It turns out Millennials aren’t as bad with money as most assume. In fact, according to a new report from Bank of America, the Millennial generation is actually just as good — if not better — at managing their money than past cohorts were.

Natural disasters are on the rise — and according to a new survey, homeowners are woefully underprepared. Few have flood insurance, most don’t have generators and even fewer have a safe room or shelter in case of emergency.