Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective homebuyers during what’s traditionally the busiest time of the year for
At the time this was published, the average 30-year fixed mortgage rate reached 7.02%. The average 30-year fixed rate mortgage (FRM) hit a record weekly
Rates on 30-year mortgages slipped Friday, for a slight retreat after notching their highest level since May of last year. The flagship average is now
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective home buyers during what’s traditionally the busiest time of the year
Tammy Stinson was one payment away from earning time-based student loan forgiveness when her repayment plan was paused due to ongoing lawsuits.F ormer President Joe
As the U.S. Department of Education prepares to resume collections on defaulted federal student loans starting May 5, 2025, more than 5 million borrowers are expected to
In a housing market full of noise and uncertainty, knowing where real opportunity exists is key—especially for first-time home buyers. Rising mortgage activity often signals
TAIPEI (Taiwan News) — The Ministry of Finance on Wednesday rejected calls to classify mortgage interest payments as a special deduction under the individual income
Mortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a swift pace. Mortgage rates follow loosely the yield on the 10-year Treasury.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 4, 2025, U.S. mortgage applications jumped 20.0% compared to the
April 9 (Reuters) - The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving
When interest rates rise, homebuyers look for ways to make their purchases more affordable. And that means adjustable-rate mortgages, or ARMs, are on the table.
Student loans and repayments remained stable through the end of last year. That’s the headline from the latest New York Federal Reserve report. Not terrible news, and
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.682%, according to data available from mortgage data company Optimal
In other education news, the American Federation of Teachers is suing Trump’s Department of Education for shutting down income-driven student loan repayment plans, used by
WASHINGTON, March 20 (Reuters) - U.S. existing home sales unexpectedly increased in February as rising supply pulled buyers back into the market, but rising economic
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.647%, according to data available from mortgage data company Optimal
A 15-year fixed-rate mortgage is a home loan with a 15-year term, which means its payments are designed to zero its balance in 15 years.
According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Friday, March 14, the Market Composite Index—a measure of mortgage
