The newly appointed head of one of the nation’s top housing regulators tightened his grip on the agency with a major board shake-up on Monday at two government-controlled mortgage finance firms. William Pulte, the director of the Federal Housing Finance Agency, ousted 14 board members at Fannie Mae and Freddie Mac and named himself chairman
The average rate on a 30-year mortgage in the U.S. edged higher last week, ending a seven-week slide that helped ease borrowing costs for home shoppers leading into the spring homebuying season. The rate averaged 6.65% this week, up from 6.63% last week, mortgage buyer Freddie Mac said. A year ago, it averaged 6.74%. Borrowing
Mortgage rates have fallen by the biggest margin in nearly six months, ahead of the Bank of England’s next base rate decision on 20 March. After months of stubbornly high rates, the cuts will be welcome news for the 1.8 million people due to remortgage in the remainder of 2025. Read on to find out
Just like first-time homebuyers and renters, plenty of families struggle to pay for long-term senior care. Today, let’s explore the various types of assisted living facilities and their costs. And, most importantly, what are the available financing options for these services. First, consider the senior universe. The United States has a population of roughly 340