Mortgage rates are at a 50 year low, which is helping to fuel the demand for homes.
Mortgage rates are at a 50 year low, which is helping to fuel the demand for homes.
A new initiative in Montgomery County, Md., provides up to $40,000 for home buyers in the form of a zero-interest loan for down payment or closing cost assistance. The program, offered in partnership with the Maryland Department of Housing and Community Development through the Maryland Mortgage Program, will run through Dec. 31 or until all...
Just about one-third of Americans say their financial life is worse than they thought it would be. That’s the primary conclusion of a new study by the National Endowment for Financial Education (NEFE) — that the cause of their financial stress is something as simple as ongoing transportation expenses, housing repairs or maintenance, or even...
Mortgage rates climbed higher this week following long-term U.S. Treasury yields. The movement of bonds usually is one of the best indicators of whether mortgage rates will rise or fall. When yields go up, home loan rates tend to follow. With the bond market anticipating a Federal Reserve rate increase later this year, Treasury prices...