Columbus, OH

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Historically speaking, 4% mortgage rates...

Will Mortgage Rates Ever Be as Low as 4.00% Again?

Fox Business

If Fed rates don't decrease by at least 75 basis points soon, untapped home equity potential could serve as the "lifeline" for the U.S. economy, according to Meredith Whitney.

Expert who predicted 2008 mortgage crisis reveals the housing ‘lifeline’ if market doesn’t get moving

FinanceBuzz

Discover the 13 surprising things that could be increasing your home insurance rate and learn how to keep costs down.

13 Surprising Things That Can Impact Your Home Insurance Rate

Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire on Friday. A sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low...

Mortgage rates plummet and everything has suddenly changed — for now

Baltimore, MD

​In the world of real estate, there’s a term called “equity rich.” That’s when a home’s mortgage balance is 50% or less than its market value. And it’s one of the effects of escalating housing prices. Among U.S. homes with mortgages, the portion of properties that term applies to is over 49%, a more than 3% increase from last quarter.

More homeowners are “equity rich,” but what can they do with that wealth?

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Fortune

Renters are getting better deals on apartments now, but asking rents are still considerably higher than pre-pandemic. For years, it’s felt as if rent has gotten out of control. And that’s partially true, considering median rent prices are more than 21% higher today than they were in 2019. But rents are starting to drop ever so slightly.

Renters finally get some good news as power begins to swing away from landlords

Business Insider

These are today's mortgage and refinance rates. As mortgage rates drop over the next couple of years, you may be able to save by refinancing.

Mortgage Interest Rates Today, July 23, 2024 | As Rates Go Down, Refinancing Could Help Borrowers Save

Will it be easier to buy a house next year, and should we expect a housing market crash? Here's how to prepare based on housing market predictions for 2024.

Housing market predictions 2024: What homebuyers should know

New Jersey State

GOBankingRates

The price of housing has become absurdly expensive, making it difficult to imagine the halcyon days of the post-WWII American Dream, when home ownership was a lot more affordable. Unfortunately, the...

How Much Homes Could Cost in Every State in 2030

Alabama State

Living in major U.S. cities means higher housing costs and less space for your money. And when the covid-19 pandemic sparked the rise of remote work, it caused many workers to second-guess living in a major metropolis like New York and San Francisco. Though some companies continue to push in-office...

6 places across the U.S. that will pay you thousands of dollars to move there

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

President Joe Biden is making another move to forgive student debt for millions of borrowers. The Biden-Harris administration announced Wednesday that it will begin emailing borrowers on Thursday with information regarding its proposed rules to allow the Secretary of Education to forgive debt for certain federal student loan borrowers. The...

President Biden is moving forward with another student debt relief plan—you have until August 30 to opt out

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The average American believes they'll need to save $1.8 million for their post-work years, according to Charles Schwab's "2024 401(k) Participant Study." However, most Americans in their 50s have much less than that stashed away for retirement. The average 401(k) account balance for people in their 50s is $212,400, as...

Here’s how much money Americans in their 50s have in their 401(k)s

North Carolina State

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Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

New York Post

Would-be homebuyers are getting increasingly savvy when it comes to buying a house as mortgage rates continue to hover around 7%.

One way is through home loan assumption—which means the buyer takes over the house’s original mortgage (and interest rate) upon purchase. But, the loan can be assumable only when it’s backed by the U.S. government—like FHA, VA, and USDA loans.

More than 11 million homeowners in America have assumable loans, according to the U.S. News & World Report. And over the past 10 years, nationally, 17.1% of mortgages were FHA loans and 7.7% were VA loans, adding up to roughly 25% of mortgages that are, in theory,...

The states with the highest number of assumable mortgages — and how to get one

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. When Domonique Brown...

30-year-old’s side hustle makes $27,800 a month—it takes 2 hours a day and outearns her 9-to-5 job

In recent years, homeowners have been presented with an expanding universe of opportunities to monetize their underused pools, backyards and living rooms.

These homeowners are ‘hacking’ their pools and lawns to earn extra cash

Gen Xers are struggling to save for retirement. As housing becomes more costly, members of all generations are having a harder time preparing for retirement. According to the National Association of Realtors, which cites information from Prudential Financial’s 2024 Pulse of the American Retiree Survey, members of Generation X are significantly unprepared for retirement, with many having less than $50,000 saved. Because of this, many Gen Xers are finding themselves dependent on their families for financial and housing support. Nearly a quarter of those aged 55 years old expect to need financial support from family in retirement, and about 21% also expect to need housing support. Interestingly, the generation is also most in need of larger homes with the report noting that nearly 20% of Gen Xers are purchasing homes specifically with multigenerational living in mind.

Gen Xers Are Relying on Family for Housing Support

NewsBreak

Home valuations are rising faster than incomes. Here's why that could hurt homeowners' wallets

Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the...

Home valuations are rising faster than incomes. Here's why that could hurt homeowners' wallets

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