- July 9, 2026
Should I buy a house? Take our quiz to see if you’re ready
[ad_1] Homeownership is how many Americans accumulate wealth, and it’s an important life goal for millions. But affording a home is a growing challenge —
My eight-year journey to become a homeowner at 31
[ad_1] Myron Jobson, with his daughter, has bought his first home after years of saving (photo: supplied) After years of squirrelling money away into investments
Average long-term US mortgage rate edges closer to 7%
[ad_1] A new home under construction is seen, Aug. 21, 2023, in southeast Denver. On Thursday, April 11, 2024, Freddie Mac reports on this week’s
Mortgage lenders forecast rising supply and demand…
[ad_1] Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders
Rising Rates Hit Reverse Mortgage Payouts
[ad_1] Owing more Even though many reverse mortgages don’t have to be paid off until the house is sold, those higher rates also mean the
U.S. mortgage rates increased to 6.88%
[ad_1] U.S. 30-year FRM averaged 6.88% as of April 11, 2024, up from last week when it averaged 6.82%. A year ago at this time, the 30-year
CMG Mortgage buys Norcom Mortgage’s retail division
[ad_1] CMG Mortgage is purchasing Norcom Mortgage’s retail division for an undisclosed amount. Phil DeFronzo, founder of Connecticut-based Norcom Mortgage, confirmed the news, noting the
Mortgage rates are climbing, but it could still make sense to borrow now
[ad_1] It still makes a lot of sense to apply for a mortgage loan right now, even with rates hovering above the 7% mark. Getty
Mortgage rates top 7% following hotter-than-expected inflation numbers
[ad_1] Homebuyers are feeling whiplashed by surging mortgage rates, and the outlook just turned grim. The average rate on the 30-year mortgage increased to 7.37%
Mortgage rates rise after disappointing March inflation report
[ad_1] Joe Raedle/Getty Images Rates have mostly held steady in the past several weeks, but they could rise even higher if inflation proves to be