Mortgages

Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to…
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A home for sale in Austin, Texas, on May 22, 2024.Brandon Bell | Getty ImagesThe average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the…
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Delinquencies mostly edged down. Foreclosures have formed a frying-pan pattern. By Wolf Richter for WOLF STREET. Mortgage balances rose by just $77 billion, or by 0.6% in…
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There is a significant increase in homeowners aged over 50 looking to re-mortgage on a term that is likely to spill over into their retirement.Longer mortgage terms can make…
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While mortgage rates have declined from their May peak, borrowing costs remain expensive for buyers. The average 30-year fixed rate mortgage in the U.S. nudged up to 6.78% from…
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Homes in Nunaka Valley neighborhood of East Anchorage. (Loren Holmes / ADN) Last year in Anchorage, housing reached its least affordable level in the last 21 years — worse even…
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File photos: "For Sale" signBrandon Bell | Getty ImagesConsumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9%…
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by: Rich Johnson Posted: Jun 1, 2024 / 11:00 AM EDT Updated: May 31, 2024 / 10:08 AM EDT (NewsNation) — It’s not expected to be as bad as…
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High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who purchased a home in the…
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Image source, Nicola WebbImage caption, Nicola, pictured with her dog Marco, bought her first property on a 35-year mortgageArticle informationAuthor, Lora JonesRole, Business…
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