Finance & Mortgage
The Fed Is Expected To Cut Interest Rates on September 18, Mortgage Rates May Fall as a Result: Report
US Monthly Mortgage Payments Fell to $2,500, Declining for the First Time Since 2020
30-Year Mortgage Rate Dips To Lowest Average Since 2023; Existing-Home Sales Rise
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand. 
Median US Housing Payments Dropped by $250, Lowest Level Since February: Report
The median housing payment has declined to $2,588 as of Aug. 11. The median housing payment in the United States has dropped by nearly $250 as mortgage rates declined. 
Daniyar Serikbay Discusses Advancements in Real Estate Development in High-Growth Markets
Dubai's impressive infrastructure, strategic location between Asia, Europe, and Africa, spectacular skylines, commerce prospects, thriving tourism, and attractive tax policies make it a high-growth market for real estate development. 
Real Estate Tips: A Comprehensive Guide Into Mortgage Interests and How It Affects Payments
If you're new to the market, here's a comprehensive guide on mortgage interests to help you make informed decisions about your home financing. 
US Housing Market Unlikely to See Much Relief in the Second Half of 2024: Experts
Foreclosure activity in the first half of 2024 has surpassed 177,400 as housing costs continue to soar. 
Over Half of Gen Zers Are Now Willing to Purchase Fixer-Uppers Amid US Housing Affordability Crisis: Survey
In addition, 56% of Gen Zers said they would be willing to put in an offer on a home with asbestos amid soaring home prices and mortgage rates. 
Here’s What Experts Say Could Happen to Mortgage Rates After the July Fed Meeting
The Federal Reserve has said it will cut benchmark rates if inflation falls to 2%. The Federal Reserve is set to meet this month to discuss whether inflation has gone down to its target level and whether it could cut its benchmark rate. 
US Minimum Wage Workers Must Work More Than 20 Years To Afford a Median-Priced Home: Report
The study calculated the number of years using an assumption that an individual would save 10% of their income. 
Here’s How a Fed Interest Rate Cut Will Affect Mortgages: Experts
The Fed could cut its benchmark rate this year if inflation drops to a target of 2%. The Federal Reserve could cut interest rates once this year, which could impact mortgage rates and make homes more affordable to hopeful buyers. 
Average Mortgage Rate for 30-Year Loans Climbs to Just Under 7%, the First Increase Since May
The average contract rate on a 15-year mortgage also rose this week by 0.09%. The average contract rate for a 30-year mortgage climbed to just under 7% this week, the first time it increased since late May.
