Low mortgage rates are killing Manhattan’s all-cash buyer
After sales soared last quarter, Manhattan’s residential sales market is crashing back to reality — though low mortgage rates...
Mortgages
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Despite housing market slowdown, mortgage lenders just had a great second quarter
The second quarter of the year saw $565 billion worth of mortgage loans as homeowners are increasingly eager to...
The Daily Dirt: The dark cloud hanging over buyers
It’s a buyer’s market, but soon it might only be a certain buyer’s market. Interest rates dropped to a nearly three-year...
Trump proposal would make getting a mortgage harder for homeowners deep in debt
Borrowers who are deep in debt could find it even harder to get home loans under a new Trump...
Everything you need to know about Realogy and Amazon’s TurnKey partnership
UPDATED, July 24, 2019, 8:30 a.m.: Realogy has jumped into bed with Amazon to roll out a new program...
Almost 40% of homes in the US are
mortgage-free
About 37 percent of households in the U.S. are living without mortgages. The share of homeowners paying off their...
Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...
Trump official to pressure Congress to privatize Freddie and Fannie
A decade after Fannie Mae and Freddie Mac were put under government control, a Trump administration-appointed regulator is stepping...
Mortgage rates plummet to lowest levels in nearly 2 years
Mortgage rates fell for the sixth straight week, hitting their lowest point since September 2017. The 30-year fixed-rate average...
Fitch to include natural disasters risks to RMBS ratings
Fitch Ratings will include natural disaster risks into its ratings of residential mortgage-backed securities, a sign that the industry...
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