Buck Bully
[Kanetix Ltd.] Fixed mortgage rates continue to reach new depths. Some are now under 2.00% for the first time ever. That’s great news for new homebuyers or those with an upcoming mortgage renewal. It’s creating a dilemma, however, for those who are currently locked into a fixed term at a […]
[Bloomberg, Getty Images] U.S. home-mortgage delinquencies climbed in May to the highest level since November 2011 as the pandemic’s toll on personal finances deepened. The number of borrowers more than 30 days late swelled to 4.3 million, up 723,000 from the previous month, according to property information service Black Knight Inc. […]
[CNBC, Getty Images] In a rush to help consumers who have been impacted financially by the coronavirus pandemic, the government authorized a massive mortgage bailout under the CARES Act. Some borrowers’ inquiries were misunderstood and some servicers, swamped with hundreds of thousands of calls, just put the borrowers into the […]
[MarketWatch] The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates. Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing market is […]
[The Penny Hoarder, Getty Images] If you’re paying more than $1,200 a month in rent by yourself, that means two things: It stinks to pay that much rent, and You’ve clearly got some income. Not everyone can afford that kind of rent. So you’re making money and living in a […]
[NerdWallet] If you have a steady income, a good credit score, manageable debt and some money in savings and you want to put down some roots, you may be ready to buy a house. Many or all of the products featured here are from our partners who compensate us. This […]