Finance & Mortgage

SEC Sues Former Freddie Mac And Fannie Mae CEO's Over Subprime Loan Disclosures

Mortgage Rates Decline Significantly, but Homebuilding Still Down Due To Elevated Interest Rates

The contract rate for the 30-year mortgage averaged 6.87% in the week ending June 20. Mortgage rates have seen a significant decline this week, but some homeowners in the United States are still facing foreclosure.
US-economy-REAL-ESTATE-indicator

Home Purchase Applications in the US Rise Again After Brief Drop in Mortgage Rates

Mortgage applications for home purchases rose over 15% in the week ending June 7. Mortgage rates in the United States retreated in the week ending June 6, leading to a rise in home purchase applications for the first time in five weeks.
Managing Your Money as a One Income Family

5 States With the Highest and Lowest Hidden Costs of Homeownership

The average annual hidden cost of owning and maintaining a median-priced home in the US is over $18,000 a year.