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
Realtors accused of colluding to artificially inflate commissions on properties Case facing National Association of Realtors has inspired multiple copycat suits Homeowners who sold properties in the last seven years may be eligible By Helena Kelly Assistant Consumer Editor For Dailymail.Com Published: 07:54 EDT, 26 April 2024 | Updated: 10:05 EDT, 26 April 2024 A
A wholesome Midwestern city has become the country’s hottest real-estate market because of its premium location, job market and booming culture. Rockford in Illinois lies just 90 miles from Chicago and Milwaukee and is expecting a direct train line to the Windy City in just a few years. Last year property prices there surged by an
Deborah Soto was relieved when she thought she had paid off her daughter’s student loans in full just before interest began accruing again in September last year. She paid off $115,000 in debt in August 2023, which had seen her daughter Elena, 23, through her degree at Presbyterian College in Clinton, South Carolina. But when she
Finance guru Suze Orman has warned the effect of climate change on soaring property insurance premiums is destroying the American dream of homeownership. The 72-year-old has given up on cover for her own 2,100-square-foot, ocean-side condo in Florida after she was quoted $28,000 a year by her insurer. Orman claims that Americans will soon have little
The Biden administration announced it was fast-tracking a forgiveness plan Eligible borrowers took out small loans and have been repaying for a decade Qualifying borrowers must be enrolled in the SAVE repayment plan By Tilly Armstrong Assistant Consumer Editor For Dailymail.Com Updated: 18:36 EST, 14 January 2024 President Joe Biden has fast-tracked a new student loan
Homes in 88 percent of US metros are ‘overvalued,’ claims ratings firm Fitch And the problem is only set to worsen with prices predicted to rise 3% next year But separate analysis by has identified the 10 most underpriced areas By Helena Kelly Assistant Consumer Editor For Dailymail.Com Updated: 16:24 EST, 25 December 2023 American
Nearly half of American states are becoming negative equity hotspots with as many as one in 20 homeowners going ‘underwater’ on their mortgages, a new study suggests. Overall US households saw their equity increase by $1.1 trillion in the third quarter of 2023 compared to the same period in 2022, reversing a trend seen at