mortgage rates

  • Man holds house and bag of money

    TikTok Expert Explains Why 40-Year Mortgages Could be a Bad Idea

    Are 40-year mortgages a bad idea? Explore the pros and cons of this extended loan term and why it may not be the best option for homeowners looking to build equity quickly.

    Ever just get a feeling everything is very *off* in the economy right now? Or that the banking system is overwhelmingly rigged against you? The Federal Housing Association recently greenlit 40-year mortgages, aiming to boost home affordability with reduced monthly…

  • housing crisis

    Mortgage Rates Surge to Their Highest Level in Over Two Decades – Implications for Prospective Homebuyers

    The surge in mortgage rates follows predictions by economists, suggesting that rates could climb beyond 8 percent should the Federal Reserve opt for another interest rate hike next month

    Homebuyers are now grappling with the steepest mortgage rates since 2002, and industry experts caution that these elevated loan costs could put a damper on the housing market. The surge in rates follows predictions by economists, suggesting that rates could…

  • regrets millennials have buying houses

    Millennials Have These 6 Regrets When Buying Their First Home, According To Data

    From bad locations to overspending, there are a few reasons why there are six regrets Millennials have when buying their first home.

    Anytime you make a major life purchase, there is always the possibility that regret about that purchase is going to set in. Whether you buy a house or a car or a new set of $1500 golf clubs, there is…

  • Money up close.

    3 Money Moves Everyone Should Make Before Interest Rates Rise

    Free up some cash and your budget by making these moves that won't be available once the Fed raises interest rates.

    How long will today’s low-interest rate environment last? No one knows for sure, though we can glean some clues from recent comments out of the Federal Reserve about interest rates. One thing’s for sure: the Fed won’t keep rates near…

  • mortgage rates are rising

    Mortgage Rates Are Rising: The Average 30-Year Mortgage Now Costs $33K More

    The last thing you want to learn when you decide to buy a house is mortgage rates are rising again. To the tune of $33K out of your pocket.

    Buying a new house is as exhilarating as it is excruciating. On one hand, you’re excited to start a new chapter in your life. On the other hand, the whole process can be very overwhelming. Especially as it pertains to…