Finance & Mortgage
How to Navigate the Challenges of Mortgage Branching
7 Beginner Tips for Real Estate Investing
Biden Administration Green Lights New Program for Purchasing Second Mortgages
EDITOR'S PICKS
-
Fed Slashes Interest Rates, But Mortgage Rates Surge Up To 6.72% - Here's Why It's Happening
-
New Real Estate Platform Allows US Homebuyers To Check The Political Affiliations Of Their Neighbors For Free
-
NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
-
Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home
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. 
4 Things That Need To Happen for Mortgage Rates To Fall, According to Experts
Mortgage rates have remained elevated in recent weeks despite falling from a peak of 8% in October 2023. 5 Financial Mistakes You Might Be Doing That Could Get Your Mortgage Rejected
Avoid these common financial mistakes to increase your changes of getting your mortgage approved. Securing a mortgage is a significant financial commitment, and even minor missteps can derail the process. Mortgage Rates May Stay Above 7% Through 2024, According to Forecasts
The rate for the 30-year mortgage is currently at 6.94%. Mortgage rates are likely to remain elevated through 2024, with interest rate forecasts to hover above 7% this year. 
Here’s How Much You Need To Make to Comfortably Rent in the 15 Most Expensive Metro Areas in the US
In some metro areas, individuals would have to earn at least twice the median salary to comfortably afford a rental. 
Nearly Half of Recent Homebuyers Are Struggling To Pay Their Mortgage: Report
At least 47% of homebuyers in America also said they feel in over their heads financially. Nearly half of recent homebuyers in the United States said they are struggling to make their mortgage payments on time, a new survey found.
