There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.
The Green Bay, Wisconsin bank lost $164 million after selling $2 billion of loans and securities for a loss. Asset quality ...
FAIRWINDS Bryan Meizinger recently shared his advice for homebuyers ahead of peak buying and selling season, emphasizing the ...
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...
In a bit of a surprise development at the end of 2024, the United States Senate passed the Homebuyers Privacy Protection Act, which amends the ...
The details of Trump's plans to cut housing costs are yet to be announced. In the executive order, Trump ordered government agencies to deliver "emergency price relief" and take action to lower the ...
Buying a house without a mortgage usually means paying in cash, but there are a few less common alternative home financing options like rent-to-own and seller financing.
After shooting up last week to a 7-month high, rates on 30-year mortgages have moved the other way—falling four days in a row ...
Experts recommend spending no more than 36% of your income on housing and debt payments, but that can be in many markets.
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row ...
Down payment gift rules vary by loan type and lender, but generally: Lenders will require donors to write a letter stating they do not expect the gift to be repaid. The letter should also include the ...
You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan ...