America’s Mortgage King Also Wants an NBA Crown—Right Now
Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month, Mat Ishbia’s fingerprints were everywhere.He bought...
Mortgage Banks/Real Estate Credit
Interest-Only Loans Helped Commercial Property Boom. Now They’re Coming Due.
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Biden Administration to Cut Mortgage Insurance Costs for Lower-Income Buyers
PoliticsFederal Housing Administration will reduce the annual fee borrowers pay for its insurance by about $800 Source link
Mortgage Rates Rise to 6.7%, Highest Since 2007
Mortgage rates rose to their highest level in more than 15 years, a new high since the 2008-09 financial crisis...
How the Fed’s Rate Increase Will Hit Americans’ Monthly Budgets
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
A Boss Ordered All Workers Back to the Office a Year Ago. He Has No Regrets.
Last summer, a Michigan company decided all employees needed to return to their desks five days a week. A year...
Student-Loan Freeze Saves Borrowers Nearly $200 Billion as Biden Considers Extension
Around 37 million federal student-loan borrowers were spared $195 billion in loan payments since the government froze their payments at...
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
U.S. Housing Affordability Worsens
U.S. housing affordability worsened in the fourth quarter as home prices rose alongside mortgage-interest rates.The Covid-19 pandemic helped spark a...
U.S. Home-Price Growth Slowed Again in October
U.S. home-price growth slowed for the second straight month in October, an indication that the hot housing market may be...
Biden to Nominate Sandra Thompson to Lead Fannie and Freddie’s Overseer
WASHINGTON—President Biden plans to nominate Sandra Thompson to become the permanent director of the Federal Housing Finance Agency, the White...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
