Latest in Couldn’t Get Mortgage
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Why mortgage interest rates may drop again this week
Could mortgage interest rates head back down again this week? Here's why they could.Top stories - CBS News - November 11 -
Mortgage demand stalls as financial markets digest Trump presidency
While tiny, the week's increase in total application volume marked the first rise in overall demand in seven weeks.Business - CNBC - November 13 -
Mortgage demand stalls as financial markets digest Trump presidency
Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency.Top stories - NBC News - November 13 -
Inflation's up again. Here's what it could mean for mortgage interest rates.
Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.Top stories - CBS News - November 13 -
5 important reverse mortgage facts seniors should know
Seniors contemplating a reverse mortgage should familiarize themselves with these five facts before getting started.Top stories - CBS News - November 14 -
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climbTop stories - ABC News - November 14 -
Should you take out a mortgage loan now or wait until 2025?
If you're on the fence about whether to buy a home now or delay further, here's what you should know.Top stories - CBS News - November 19 -
When could mortgage rates hit 5% again? Experts weigh in
Mortgage rates could hit 5% by the end of 2025, but experts warn against waiting if you're planning to buy a home.Top stories - CBS News - November 20 -
How far have mortgage interest rates fallen in 2024?
Mortgage interest rates have moved up and down throughout 2024. Here's what to know now.Top stories - CBS News - 6 days ago -
Home sales surged in October, just before mortgage rates jumped
Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.Business - CNBC - 6 days ago -
Home sales surged in October, just before mortgage rates jumped
A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.Top stories - NBC News - 6 days ago -
3 mortgage refinancing alternatives seniors should consider now
Seniors disappointed in their mortgage refinancing options may benefit from exploring these alternatives instead.Top stories - CBS News - 4 days ago -
Mortgage rates fall for the first time in two months. Buyers are rushing back.
Mortgage applications rose 6.3% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 6 hours ago -
3 housing-market stocks with room to grow despite high mortgage rates
A mutual-fund manager finds opportunities in D.R. Horton, Sherwin-Williams and Equifax.Business - MarketWatch - 5 hours ago -
Pending home sales jump to six-month high as lower mortgage rates draw buyers in
U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.Business - MarketWatch - October 30 -
Should I pay off my mortgage in retirement? New book tackles big money questions
Retirement planning is filled with big questions. For some retirees, whether or not to pay off their mortgage is one of them.Business - CNBC - November 3 -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.Business - MarketWatch - November 5 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - November 7 -
Prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while
America’s prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while.Top stories - NBC News - November 9 -
Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down ...Top stories - CBS News - November 11 -
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - November 13 -
Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.Business - MarketWatch - November 14 -
Homeowners are using this hack to cut their mortgage payments in half — and chip away at the housing shortage
California homeowners are embracing tiny homes in their backyards. The movement has offered a blueprint for cities across the U.S. that are grappling with a housing shortage.Business - MarketWatch - November 16 -
Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.Business - CNBC - November 15 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.Business - CNBC - November 20 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.Top stories - NBC News - November 20 -
Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - 6 days ago -
Will mortgage rates and home prices go down next year? Your 2025 real-estate road map.
Will mortgage rates finally fall in 2025? And will it become more affordable to buy — or even rent?Business - MarketWatch - 5 days ago -
Why the 30-year fixed-rate mortgage isn’t going away under Trump
The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.Business - MarketWatch - 4 days ago -
Child care can cost more than families pay for rent, mortgage, college
In some parts of the U.S., parents pay more than $30,000 annually for infant care at a center, federal data shows.Top stories - CBS News - 22 hours ago -
Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months
While the drop in rates wasn't exactly huge, there was a fair amount of pent-up demand among homebuyers.Business - CNBC - 3 hours ago