With the economy growing by 295,000 jobs in February, it looks like rising mortgage rates are here to stay.
Higher mortgage rates are coming, maybe soon. That’s what the January employment report implies.
When 65 percent of homeowners say they are “very confident” that they know their mortgage rate, most of them are overconfident.
The homeownership rate fell to its lowest point in more than 20 years in the final quarter of 2014.
According to the Supreme Court, you can rescind, or cancel, the mortgage any time within three years. All you have to do is send a letter to the lender.
In this podcast, Bankrate’s Washington bureau chief, Mark Hamrick, talks with his guests about where the economy is headed and how we should prepare.
Remember the wise decision that Bank of America made in August 2001 in light of the decision it’s making now.
When policymakers and pundits talk about home affordability, they usually discuss mortgage interest rates and student loan debt. But the underlying problem is slow wage growth.
When a lender makes a paperwork error, is justice served by forcing the lender to cancel the loan three years later?
The homeownership rate keeps sinking. Now it’s at its lowest level since 1994.