Mortgage rates go up slightly as some lenders tighten restrictions on who qualifies for a home loan

Mortgage rates went up slightly this week — an indication that mortgage firms are changing their lending operations in response to the coronavirus. The 30-year fixed-rate mortgage averaged 3.33% during … Read More

How to Sell Your Home Without a Real-Estate Agent

The chance to avoid paying the typical 6% commission to a real-estate agent—saving potentially tens of thousands of dollars on a luxury home—motivates a lot of homeowners to list their … Read More

High Home Price-to-Income Ratios Hiding Behind Low Mortgage Rates

Zillow has noticed a trend that could become problematic for both the U.S. housing market and policymakers in coming months. By looking at two metrics — an affordability index and … Read More

The Fed dropped interest rates to 0% — what that means for your credit cards and bank accounts

The Federal Reserve’s decision to cut interest rates to zero isn’t good news for savers — or spenders. The Fed said Sunday that it was cutting its benchmark federal funds … Read More

Refinancing your mortgage will cost more thanks to a new fee from Fannie Mae and Freddie Mac

If you’re in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, +2.51%  and Freddie Mac FMCC, +1.84%  said Wednesday that … Read More

Mortgage rates keep falling — will they finally drop to 0%?

Mortgage rates have dropped to record lows on eight separate occasions in 2020 so far, as the coronavirus pandemic has roiled the global economy. But could they eventually drop to … Read More