Finance & Mortgage
US Minimum Wage Workers Must Work More Than 20 Years To Afford a Median-Priced Home: Report
Here’s How a Fed Interest Rate Cut Will Affect Mortgages: Experts
Average Mortgage Rate for 30-Year Loans Climbs to Just Under 7%, the First Increase Since May
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?
The new home loan program will provide first-generation buyers with vouchers amounting up to 20% of a home's value. 
10 US Metro Areas Where the Costs of Living Are the Most and Least Expensive
The analysis took into account groceries, health care, housing, miscellaneous goods, transporation, and utilities costs. 
How to Navigate the Challenges of Mortgage Branching
For ambitious individuals seeking a rewarding career path, mortgage branching presents a compelling opportunity. It offers the chance to build your business within a supportive framework, helping borrowers achieve their dream of homeownership. However, establishing and running a successful mortgage branch involves inherent challenges. Read on to discover effective strategies for navigating these challenges and building a thriving mortgage branch. 
7 Beginner Tips for Real Estate Investing
If you're planning on investing in a real estate property, here are seven tips to help you jumpstart your investment journey. 
Biden Administration Green Lights New Program for Purchasing Second Mortgages
The new pilot program will allow Freddie Mac to purchase certain single-family closed-end second mortgages. 
Mortgage Rates Decline Significantly, but Homebuilding Still Down Due To Elevated Interest Rates
The contract rate for the 30-year mortgage averaged 6.87% in the week ending June 20. Mortgage rates have seen a significant decline this week, but some homeowners in the United States are still facing foreclosure. 
Home Purchase Applications in the US Rise Again After Brief Drop in Mortgage Rates
Mortgage applications for home purchases rose over 15% in the week ending June 7. Mortgage rates in the United States retreated in the week ending June 6, leading to a rise in home purchase applications for the first time in five weeks. 
5 States With the Highest and Lowest Hidden Costs of Homeownership
The average annual hidden cost of owning and maintaining a median-priced home in the US is over $18,000 a year. 
Hidden Costs of Homeownership Soared by 26% Since 2020: Report
Owners of a median-priced home would now need to shell out $1,510 a month on top of their monthly mortgage payments. Mortgage Rates Soar Past 7% Again: Freddie Mac
Mortgage rates climbed to 7.03% in the week ending May 30. The rate for the average 30-year fixed mortgage loan soared past 7% this week, marking an end to the recent declines.
