“My husband, daughter, son-in-law and I all went to the bank.”
mortgage
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Stocks
Mortgage rates drop below 6% for the first time in 3 years as Trump official says purchases of mortgage bonds are starting
The average rate on a 30-year fixed-rate mortgage fell to a near two-year low following Trump’s announcement about mortgage bonds.
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Freddie and Fannie have been growing their mortgage bond holdings in recent months, but the 30-year fixed mortgage is still above 6%.
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Mortgage applications decreased 5% for the week ending Dec. 19, according to the Mortgage Bankers Association—that’s the second straight week of declines. The Market Composite Index, a measure of mortgage…
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Mortgage loan modification is a foreclosure-prevention option that permanently changes the terms of your existing mortgage to make payments more affordable. If you’re a homeowner facing a long-term financial hardship—such…
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Quick Read United Wholesale Mortgage (UWM) will acquire RoundPoint Mortgage Servicing’s parent, Two Harbors Investment Corp., in a $1.3 billion all-stock deal expected to close in Q2 2026, pending approvals.…
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A 2-1 buydown can be a useful option for buyers who want lower mortgage payments in the first years of homeownership—especially in today’s higher-rate market. Whether you’re buying a house…
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Quick Read Homebuyer demand for mortgages remains near 2025 highs despite a slight weekly decline, with purchase loan applications up 19% year-over-year per the Mortgage Bankers Association (MBA) Weekly Mortgage…
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Stocks
‘Where are we vulnerable?’ My husband and I are in our 50s. Our $450K mortgage is paid off. We have $500K in IRAs.
“We will not be downsizing our home, but we do have rental income of about $1,500 per month.”
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If you’re planning to buy a home with less than 20% down—whether you’re browsing a house for sale in Seattle, WA or checking out a home in Austin, TX—you’ll likely…
