News

Housing market reality check: Homeowners finally accept 3% mortgage rates aren’t coming back
Homeowners are slowly coming to terms with the likely reality that ultralow 3% and 4% mortgage rates from the ZIRP era—i.e., ...
As mortgage rates hold near 10-month lows, we asked 8 pros: Can we expect mortgage rates to fall further?
In what was likely welcome news for aspiring home buyers, the average rate on a 30-year mortgage held at a 10-month low, ...
Rocket, United Wholesale Mortgage swing back to profitability
Metro Detroit's two nationally ranked mortgage lenders had profitable spring homebuying seasons, even as some would-be buyers ...
Mortgage Rates Just Hit a 5-Week Low—Saving Buyers Over $1,000 a Year vs. Spring
Since early June, however, homebuyers have gotten some relief, with the flagship mortgage rate average moving further and ...
Should you get a reverse mortgage or sell your home? Here's what experts say now.
Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.
Dave Ramsey Swears by This 15-Year Mortgage Rule, but Is It Really the Right Move?
Dave Ramsey urges homebuyers to take 15-year mortgages to avoid being debt-burdened. But critics say this does not hold true ...
Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Can you outlive a reverse mortgage?
While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...
FICO Stock Has Plunged By Over 20% Since White House Announced Decision Allowing Mortgage Lenders To Use Alternative Credit Reports
The Federal Housing Finance Agency's recent decision to allow government-backed mortgage lenders to use alternative credit ...
Zillow revenue up 15% to $655M as mortgage and rentals business drive growth
Zillow beat estimates for its second quarter with $655 million in revenue, up 15% year-over-year. GAAP net income was $2 ...
More people are late on both their mortgage and student-loan payments — another bad sign for the economy
An increasing number of borrowers are falling behind on both their student-debt and mortgage payments — a development that’s ...