My financial advisor says I shouldn't pay 100% cash for a house — is it better to take out a mortgage and invest in the S&P 500 instead?
Paying cash for a house makes very little sense for a few reasons, including giving up one of the biggest perks of home ...
Mortgage Refinance Rates Keep Moving Higher
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
Sales of Existing Homes Slump in August Despite Lower Mortgage Rates
Total existing-home sales dropped 2.5% from July, to a seasonally adjusted annual rate of 3.86 million in August, the ...
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
Biweekly Mortgage Payments: How Much Can You Save?
If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...
This mortgage hack could save you thousands a year — and it’s not a refinance
Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.
Western Asset Is Selling Mortgage Bonds as Investors Pull Money
Western Asset Management Co. has been selling commercial mortgage backed securities recently as investors pull cash out of ...