Finance & Mortgage
Mortgage Rates Soar Past 7% Again: Freddie Mac
4 Things That Need To Happen for Mortgage Rates To Fall, According to Experts
5 Financial Mistakes You Might Be Doing That Could Get Your Mortgage Rejected
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The rate for the 30-year mortgage is currently at 6.94%. Mortgage rates are likely to remain elevated through 2024, with interest rate forecasts to hover above 7% this year. 
Here’s How Much You Need To Make to Comfortably Rent in the 15 Most Expensive Metro Areas in the US
In some metro areas, individuals would have to earn at least twice the median salary to comfortably afford a rental. 
Nearly Half of Recent Homebuyers Are Struggling To Pay Their Mortgage: Report
At least 47% of homebuyers in America also said they feel in over their heads financially. Nearly half of recent homebuyers in the United States said they are struggling to make their mortgage payments on time, a new survey found. 
Mortgage Rates Will Likely Remain Elevated ‘For the Foreseeable Future’: Expert
Mortgage rates are currently at 7.09% for the 30-year loan and 6.38% for the 15-year term. Mortgage rates are likely to remain elevated for the next few months after the Federal Reserve put a hold on interest rate cuts last week. 
4 Mortgage Moves To Make Amid Rising Interest Rates
To help you secure the best mortgage loan and rate, here are four moves you can make before purchasing a home. 
A Guide to 6 Different Types of Home Loans and How To Choose the One for You
If you're thinking of getting a home loan, here are the six different types available and a guide on which one may be best for you. 
Here’s What May Happen if Mortgage Rates Don’t Fall In 2024
Mortgage rates for the 30-year term were at 7.24% as of Monday. Mortgage rates remain elevated as inflation tops 3%, with the average 30-year mortgage rate now over 7%. 
Homeowners Now Forking Out $2,800 Just To Cover Monthly Mortgage Payments: Survey
Monthly mortgage payments now represents 58% of the median pre-tax monthly income of $4,773 for full-time workers in the US. 
4 Things You Should Never Tell Your Loan Officer When Getting a Mortgage
When you're applying for a mortgage, there are certain things you should reconsider before disclosing to ensure smooth and successful process. Here are four. 
3 Florida Property Insurance Companies Announce Plans To Reduce Rates
The reduction kn insurance rates will range between 0.5% to 2%. Three property insurance companies in Florida have announced plans to reduce their rates to provide relief to homeowners in the state.
