The Supreme Court on Thursday refused for now to block enforcement of a Mississippi law aimed at regulating the use of social media by children, an issue of growing national concern. The justices rejected an emergency appeal from a tech industry group representing major platforms like Facebook, X and YouTube. NetChoice is challenging laws passed
More than 4 in 5 U.S. homeowners with outstanding mortgages are fortunate to have locked in a rate below 6%—and they are in no rush to sell or even refinance in the current climate of uncertainty. One of those owners is Annabelle Frazier, Ph.D., an assistant professor at the University of Southern Mississippi School of
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.
A homeowner was left feeling every single emotion after receiving a letter to say that her mortgage was paid off—but it wasn’t what she expected. On July 26, Marissa Kilroy from Southern Ohio received a “totally unexpected” letter from her lender that appeared to suggest her mortgage was paid off in full. She’s only lived
You shop around for a home loan or a home equity line-of-credit. You apply. Your mortgage loan originator asks and receives your permission to run credit reports. Almost immediately after that credit report is run, you and any of your co-applicants and co-signers are on the receiving end of a plethora of phone calls, text
The average rate on a 30-year U.S. mortgage eased to where it was three weeks ago, modest relief for prospective homebuyers challenged by rising home prices and stubbornly high borrowing costs. The long-term rate slipped to 6.72% from 6.74% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.73%. Borrowing
Buying a home is exciting, but for many millennials, it’s not all nesting and redecorating. In fact, a recent Hometap survey of 1,000 homeowners revealed that millennials are more stressed about paying their mortgages than any other generation. “Millennials have a lot on their cumulative financial plates—thanks to soaring home values and corresponding large mortgages.
Homebuyers may soon have a new way to purchase homes using cryptocurrency. The Trump administration is pushing for a policy that allows buyers to include cryptocurrency in federal mortgage applications without converting it to cash. The directive requires Fannie Mae and Freddie Mac to prepare for counting cryptocurrency as an asset for single-family home mortgage
FIRST-TIME buyers are to get a “leg up” onto the housing ladder under plans announced by the Chancellor. Rachel Reeves has set out sweeping changes for those looking to buy a house. 1 Chancellor Rachel Reeves is expected to announce changes for home buyers todayCredit: AFP This includes a new permanent mortgage guarantee scheme, which
MORTGAGE experts have weighed in on whether you should take a mortgage break if you’re struggling to pay your bills. This is a type of agreement between you and your lender where you temporarily pause or reduce your payments. 1 We explain the pros and cons of asking for a mortgage breakCredit: Getty If you