mortgages

U.S. Household Debt Reaches Record High
[ad_1] Key Takeaways U.S. household debt encompasses mortgages, car loans, credit cards and student loans. Total household debt hit a record high of $18.59 trillion from July through September of...
I Couldn’t Afford a Home — Then I Ignored ‘Boomer’ Advice and Bought 3
[ad_1] Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Rent your primary home, buy your “second home” first Check that renting your future vacation home is legal When...
Housing Market Hits a Record, More Sellers Than Buyers | Entrepreneur
[ad_1] Home sellers now substantially outnumber home buyers in the U.S., indicating a shift to a buyer's market, according to an analysis released on Thursday by real estate brokerage Redfin....
Mortgage Lenders Could Be Checking Your LinkedIn Profile | Entrepreneur
[ad_1] Are mortgage lenders looking at your LinkedIn profile?Faced with high mortgage rates, 6.62% for a 30-year fixed-rate mortgage at the time of writing, and soaring home prices, lenders are...
Homes Sell for Up to $27,000 More This One Week in April | Entrepreneur
[ad_1] Even though 30-year fixed mortgage rates haven't changed much — hovering in the high 6% range since late January— a Thursday report from the National Association of Realtors (NAR)...
Barbara Corcoran: 5% Rate Would Make the Market Go Ballistic | Entrepreneur
[ad_1] Existing home sales were up 3.4% month-over-month in October, showing their first year-over-year gain in more than three years. Corcoran Group founder, Shark Tank investor, and real estate expert...
Barbara Corcoran: Ask This Question Before Selling Your Home | Entrepreneur
[ad_1] Mortgage rates dropped to a two-year low last week, hovering around 6.08%, before inching up to 6.12% on Thursday. Barbara Corcoran, founder of real estate firm The Corcoran Group...
The Fed Cut Interest Rates a Half Point. How It Impacts You | Entrepreneur
[ad_1] The Federal Reserve announced on Wednesday that it was lowering the federal funds rate by half a percentage point (0.5%) or 50 basis points, its first rate cut in...
How to Get an Assumable Mortgage, Slash Your Interest Rate | Entrepreneur
[ad_1] This article originally appeared on Business Insider. This as-told-to essay is based on a conversation with Amy Yzaguirre, 40, a student and barista, who with her husband purchased a...
Lenders Offer Buy Now, Refinance Later Free—What’s the Catch? | Entrepreneur
[ad_1] Mortgage rates have soared over the past year and now stand at 7.79% for a 30-year fixed-rate mortgage, per Freddie Mac. Amid the skyrocketing rates, many would-be buyers have...