Mortgage rates are on the decline, which could mean some housing markets are set to become much more affordable. New analysis from Realtor.com has revealed the metro areas where affordability for the average earner will improve the most if mortgage rates drop below a certain level. The average 30-year fixed rate mortgage has fallen to 6.46
US stocks experienced an unexpectedly strong rally in the first half of the year, but the momentum may not last, according to the Wells Fargo Investment Institute (WFII). The S&P 500 index surged nearly 13 percent to reach 5,375 by mid-June which far exceeded, its previous record and WFII’s 2024 target range of between 4,600
With sky-high house prices and soaring mortgage rates, Americans who are eager to call a property their own have been priced out of buying a home. But a little-known tactic can help keep costs down and make ownership more affordable. By shopping around for an ‘assumable mortgage’, buyers can find a house with an existing
A former call center agent at MOHELA has claimed there was an ‘atrocious’ work environment at the student loan servicer, as it comes under fire for its handling of millions of borrower accounts. Speaking exclusively to DailyMail.com, the former employee said call center workers were given ‘abysmal’ training before they were tasked to speak to
A waterfront mansion in Boca Raton in Florida has sold for a record $40 million. But – despite only being built in the 1990s – the buyer plans to tear it down and build a new home in its place. It has two outdoor swimming pools and sits on 400 feet of water frontage on