Finance & Mortgage
Home Buying Guide: Here’s How You Can Own a House With No Down Payment
US Starter Homes Now Cheaper Than It Was a Year Ago as Mortgage Rates Dip: Report
TikTok Hack Claims To Help Homeowners Save on Mortgage Payments; Here’s What Experts Say
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
A new analysis from Redfin found that the income needed to afford a home in the US fell to $115,000 nationally, but this is lower in several cities. 
10 US Cities Where Mortgages Are Easiest and Hardest To Pay Off: Report
A person's ability to pay off their mortgage depends on where they live. Here are the cities where homeowners can easily pay off their mortgages. 
Income Needed To Buy a Typical Home in the US Falls to $115K, Marks First Decline Since June 2020
The income needed to buy a median-priced home in the US fell to 1.4% year-over-year in August 2024 after mortgage rates dipped to 6.5%. 
5 Key Things That Affect Mortgage Interest Rates
The Federal Reserve's actions influence borrowing rates, but there are also other key factors that could affect mortgage interest rates. Here are five. 
Fed Rate Cuts Will Lower Mortgage Rates but Won’t Fix the US Housing Affordability Crisis: Report
Falling mortgage rates will offer relief to Americans, but it could also lead to an increase in demand, which could lead to higher prices amid the market's housing shortage. 
Fed Cuts Interest Rates Down to 4.8%; Here’s What It Means for the Housing Market and Mortgages
The central bank's recent cut could bring mortgage rates down for the 30-year term and encourage sellers back into the market. 
Here’s How Much Your Monthly Mortgage Payments Will Fall After the Fed Cuts Rates
The contract rate for the 30-year and the 15-year fixed terms are expected to fall between 25 basis points to half a percentage point after the Fed cuts its interest rates. 
Mortgage Rates Fall To Lowest Level Since February 2023, Monthly Payments May Also Decline
The average contract rate for the 30-year term fell to 6.29% this week, which is 0.14 points lower from last week's rate of 6.43%. 
Real Estate Forecast: Will It Rise or Fall This September? Here's What Will Happen in Federal Reserve's Meeting
Financial experts are expecting the Federal Reserve to cut its benchmark rate on Sept. 18, which could make mortgage rates fall or rise. 
30-Year Mortgage Rate Drops Ahead of the Fed Cut, the Lowest Level in 16 Months
The contract rate for the 30-year loan fell to 6.44% in the week ending Aug. 23, marking the lowest level recorded since April 2023.
