Initial loan proceeds of $782 million expected to be funded this month and balance of proceeds funded through planned construction period. DOE loan guarantee facilitates expansion

Mortgage rates may decline somewhat in 2025 but the Federal Reserve currently expects interest rate cuts to be limited. Where mortgage costs trend from here will

JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one

The states with the cheapest 30-year mortgage refinance rates Thursday were New York, California, Florida, Mississippi, Virginia, Montana, Louisiana, and Minnesota. The seven states registered

Oconee Brewing Company, a beloved local brewery in Greensboro, is facing foreclosure after struggling to navigate the recent economic downturn. The brewery, known for its 11,000-square-foot

Daily mortgage rates eased a little lower yesterday in anticipation of Friday’s release of the weekly jobs report. According to Money’s daily survey, the average

Many retirees have said they rely largely — and sometimes entirely — on Social Security benefits as their primary income stream in retirement. But in instances where these

Mortgage rates have increased again this week, though the shifts are relatively small. According to Freddie Mac, the average 30-year fixed rate has risen by

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate

The CoreLogic Home Price Index (HPI) and HPI Forecast for November 2024 have been made public by CoreLogic. Gains in home prices in the U.S. have not

The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the

National mortgage rates were mostly down compared to a week ago, according to Bankrate data. Rates for 15-year fixed, 5/1 ARMs and jumbo loans moved

Washington is set to have the highest eviction filing count in the state’s recorded history in 2024. That’s according to a report released by the Eviction

WASHINGTON, Jan 2 (Reuters) – U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be

Mortgage rates moved in different directions compared to last week, according to Bankrate data. See the table below for a detailed breakdown of how each

Rising home prices continue to push homeownership further out of reach for many Americans. In the fourth quarter of 2024, affordability declined in 98% of

After surging just before the holidays this week, 30-year new mortgage rates held at 7.02% Thursday, the highest average in nearly six months. Rate movement

The holiday season isn’t prime time for the housing market. Fewer people buy and sell homes in the winter months, leading to a decline in

Mortgage rates increased for the second straight week, rebounding after a decline from earlier this month,” said Sam Khater, Freddie Mac’s Chief Economist. “While a

Mortgage rates ended 2024 with a bang – but not the kind that’s good for borrowers. And for anyone in the market for a home