Tag: Mortgages
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Who gets to have ‘good debt’? A sociologist, theologian, philosopher and other experts weigh in
Humans have debated the merits and morality of debt throughout history.
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Fannie Mae sharply raises mortgage rate forecast for 2027
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates.
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Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
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Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
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Trump appoints committee to investigate statements by the Fed’s Lisa Cook
Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.
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Mortgage rates sit at nearly 3-year high, and demand continues to shrink
Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.
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Young voters struggle to afford housing. But they don’t expect help from political candidates
Pennsylvania’s competitive U.S. House districts showcase how housing affordability challenges for young voters may play into control of the next Congress.
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High interest rates are foreclosing on the American home remodeling dream
Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can’t even remodel with HELOCs too expensive to tap.
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Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
Mortgage demand dropped for the 7th straight week, as rates surged well over 7% on the 30-year fixed.
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30-year fixed mortgage rate jumps sharply Thursday to 7.45%
The 30-year fixed rate surged to 7.45%, the highest level since April 2024 as bonds sold off and yields rose.
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