Fannie Mae and Freddie Mac, the two government-sponsored enterprises that underpin the U.S. mortgage market, have been under ...
Fannie Mae and Freddie Mac have long been the government’s safety net for loans, but for the last 17 years, they have ...
According to data compiled by John Burns, FHA and VA loans represented 34% of the market in 2024, up from less than 30% in ...
CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.
Higher mortgage rates may be making it harder for homebuyers, but they may have actually helped restore balance to the housing market, which has been out of whack for many years.
CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...
The rate on a 30-year fixed refinance increased to 6.97% today, according to the Mortgage Research Center. Rates averaged 5.88% for a 15-year financed mortgage and 6.83% for a 20-year financed ...
Credit card debt can be especially difficult in retirement because of its high interest rates. Balance transfer cards and ...
Government-backed mortgages come with a lot of red tape ... Getting pre-approved with a mortgage lender will help you gauge what you can borrow, what rate you'll get, and what price range you ...
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on ...
Working households are feeling the lowest price pressures since 2020, as inflation eased across the country and even went ...
For the first time in nearly five years, pensioners are feeling a slight cost-of-living relief, according to the latest data ...