As mortgage rates hover near historic lows, will Americans be able to take advantage of the savings?

Mortgage rates resisted the temptation to move upward after hitting the highest level in months a week ago. But research suggests that many households won’t manage to take advantage of the potential savings the low-rate environment represents. The 30-year fixed-rate mortgage averaged 2.86% for the week ending Aug. 19, down one basis point from the […]

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Mortgage forbearance is about to end for millions of Americans. Here’s why that’s good news for home buyers

Pandemic relief is set to run out for over 1 million Americans in the coming months, which means that many homes could be listed for sale, according to a new report. When the COVID-19 crisis began in the spring of 2020, federal regulators and lawmakers quickly acted to provide relief to homeowners who suddenly found […]

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Supreme Court decision could help advance Biden’s housing agenda — starting with the firing of the FHFA director

Changes are quickly coming to the regulatory body that oversees mortgage giants Fannie Mae and Freddie Mac, thanks to a decision released Wednesday by the U.S. Supreme Court. In a decision written by Justice Samuel Alito that included many of the court’s nine justices dissenting on certain points, the Supreme Court ruled that the structure […]

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