Finance & Mortgage

Median US Housing Payments Dropped by $250, Lowest Level Since February: Report

Daniyar Serikbay Discusses Advancements in Real Estate Development in High-Growth Markets

Real Estate Tips: A Comprehensive Guide Into Mortgage Interests and How It Affects Payments
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?

Foreclosure activity in the first half of 2024 has surpassed 177,400 as housing costs continue to soar. 
Over Half of Gen Zers Are Now Willing to Purchase Fixer-Uppers Amid US Housing Affordability Crisis: Survey
In addition, 56% of Gen Zers said they would be willing to put in an offer on a home with asbestos amid soaring home prices and mortgage rates. 
Here’s What Experts Say Could Happen to Mortgage Rates After the July Fed Meeting
The Federal Reserve has said it will cut benchmark rates if inflation falls to 2%. The Federal Reserve is set to meet this month to discuss whether inflation has gone down to its target level and whether it could cut its benchmark rate. 
US Minimum Wage Workers Must Work More Than 20 Years To Afford a Median-Priced Home: Report
The study calculated the number of years using an assumption that an individual would save 10% of their income. 
Here’s How a Fed Interest Rate Cut Will Affect Mortgages: Experts
The Fed could cut its benchmark rate this year if inflation drops to a target of 2%. The Federal Reserve could cut interest rates once this year, which could impact mortgage rates and make homes more affordable to hopeful buyers. 
Average Mortgage Rate for 30-Year Loans Climbs to Just Under 7%, the First Increase Since May
The average contract rate on a 15-year mortgage also rose this week by 0.09%. The average contract rate for a 30-year mortgage climbed to just under 7% this week, the first time it increased since late May. 
California Announces New Home Loan Program for First-Generation Buyers
The new home loan program will provide first-generation buyers with vouchers amounting up to 20% of a home's value. 
10 US Metro Areas Where the Costs of Living Are the Most and Least Expensive
The analysis took into account groceries, health care, housing, miscellaneous goods, transporation, and utilities costs. 
How to Navigate the Challenges of Mortgage Branching
For ambitious individuals seeking a rewarding career path, mortgage branching presents a compelling opportunity. It offers the chance to build your business within a supportive framework, helping borrowers achieve their dream of homeownership. However, establishing and running a successful mortgage branch involves inherent challenges. Read on to discover effective strategies for navigating these challenges and building a thriving mortgage branch. 
7 Beginner Tips for Real Estate Investing
If you're planning on investing in a real estate property, here are seven tips to help you jumpstart your investment journey.