Fixed mortgage rates fell for the second week in a row as markets bet on a September rate cut. The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week. The average 15-year fixed-rate mortgage fell seven basis points to 5.72%. A basis point is one
Americans can use crypto to secure a home loan under new Trump rule Homebuyers in the U.S. will soon be able use cryptocurrency to secure a mortgage under a new Trump administration order. Straight Arrow News Currently, both Fannie Mae and Freddie Mac require cryptocurrency to be converted to USD for use in mortgage transactions.
See which national real-estate firms own 7,000 central Ohio rental homes A handful of national landlords have acquired thousands of central Ohio rental homes, raising concerns about their impact on neighborhoods. A handful of national real-estate firms have bought nearly 7,000 central Ohio homes to rent out. Many of the homes are in the fringes
See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop
A MORTGAGE scheme that is helping first-time buyers get on the ladder is set to end within weeks. The mortgage guarantee scheme enables buyers to get a home with just a 5% deposit. 1 The mortgage guarantee scheme has helped 53,000 home buyers get on the ladderCredit: Alamy It can be used to buy any
Mortgage rates climbed for the second week in a row, denting home affordability in the middle of homebuying season. The average rate on the 30-year fixed-rate mortgage went up seven basis points to 7.01% in the week ending May 15, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of