Latest in Mortgage Appraisal
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Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination
After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.Top stories - The New York Times - 4 hours ago -
Will mortgage interest rates fall this November?
Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.Top stories - CBS News - 3 days ago -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
How to know if mortgage refinancing makes sense now
As mortgage rates decline, some homeowners may want to consider refinancing now. Here's what to know now.Top stories - CBS News - October 16 -
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.Business - MarketWatch - October 24 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - 4 days ago -
Will mortgage rates fall? Your Budget questions answered
Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.Top stories - BBC News - Yesterday -
How far will mortgage interest rates fall in November?
Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.Top stories - CBS News - Yesterday -
How a rare type of mortgage is landing homebuyers a 3% rate
U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.Business - CNBC - October 15 -
Benefits, interest rates and pensions - how September's inflation figure affects you
The cost of living is always important but this month's has a particular extra impact for millions of people.Top stories - BBC News - October 16 -
The difference between Harris and Starmer
A cautious politician is easier to elect than an ambiguous oneBusiness - Financial Times - October 16 -
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‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 17 -
A crisis-era mortgage strategy is making a comeback — and this time it’s bailing out buyers
Home buyers are turning to interest-free second mortgages to fund their down payments.Business - MarketWatch - October 19 -
Mortgage rates stay high, sapping home-buying demand
Mortgage applications fell 6.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 23 -
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - October 25 -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - 2 days ago -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 2 days ago -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - 2 days ago -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - Yesterday -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - Yesterday -
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early AugustTop stories - ABC News - Yesterday -
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.Business - CNBC - October 16 -
A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic
Builder sentiment inched up in October, the National Association of Home Builders said.Business - MarketWatch - October 17 -
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - October 23 -
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.Business - MarketWatch - October 24 -
How does the 10-year Treasury yield affect mortgage rates? Experts explain
The 10-year Treasury yield plays a significant role in your mortgage loan borrowing costs. Here's how.Top stories - CBS News - October 24 -
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 24 -
U.S. housing market is on the ‘verge of a vicious cycle,’ which is ‘not good for America,’ Lennar Mortgage head warns
Laura Escobar, the president of Lennar Mortgage, said the lack of affordable housing options poses a threat to America’s future.Business - MarketWatch - 3 days 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 - 2 days ago -
My husband lost his job and we can no longer pay the mortgage. We have zero savings. Will we lose our home?
“What do we tell the lender?”Business - MarketWatch - 6 days ago -
I’m 63, retired and getting $45,000 per year. But I only have about $200,000 in my IRA and still have a mortgage. What’s my move?
Have an issue with your financial adviser or considering a new one? Email questions or concerns to picks@marketwatch.com. We’ll have financial advisers weigh in.Business - MarketWatch - 2 days ago