In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
The average rate on a 30-year mortgage in the US eased for the third week in a row, a smidgen of relief for prospective home ...
These are today's mortgage and refinance rates. Mortgage rates have been trending lower, but where they go next depends on inflation.
For many people, the American Dream involves owning a home. Instead of paying thousands in rent each month and dealing with ...
Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is one-hundredth of a percentage point. Delinquencies on ...
Fannie Mae and Freddie Mac tightened up their lending standards for financing condos after the Champlain Towers collapsed in ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
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