We bought our dream home in LA for $1.5M six months ago. Now it’s gone in the wildfires, and we still owe $1M. Do we need to pay off the mortgage even if our ins…
Unfortunately, your obligation to pay your mortgage lender doesn’t necessarily hinge on whether your home is still standing.
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Average rate on 30-year mortgage eases, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Student Loan Forgiveness Is In Limbo But Could The Interest Deduction Vanish, Too?
Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...
Governing1d
California Bill Would Provide a Year of Mortgage Relief to Fire Victims
The legislation would block foreclosures and allow homeowners who’ve suffered financially due to the L.A. fires to freeze payments without penalty. Several major lenders have already reached agreement ...
National Mortgage News1d
Wildfire-related forbearance bill introduced in California
Members whose districts include Altadena and Pacific Palisades are behind the measure, which calls for an initial 180-day ...
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...