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The history of home (un)affordability
Bankrate via Yahoo Finance· 14 hours agoHome sale prices are still on the rise in much of the country, but the rate is closer to the average rate of appreciation: The median ...
Mortgage underwriting algorithm at heart of Wells Fargo’s racial disparity lawsuit
HousingWire via Yahoo Finance· 6 days agoWells Fargo's internal credit-scoring algorithm is at the heart of a lawsuit that plaintiffs say...
Wells Fargo extends $5,000 closing cost credit - HousingWire
HousingWire· 2 days agoWells Fargo’s program that provides up to $5,000 in closing costs for low- and moderate-income...
Wells Fargo racial disparity case heads to class-action decision
Minneapolis-St. Paul Star Tribune· 7 days agoThe case consolidates a number of lawsuits brought before and after Bloomberg News reported in 2022...
When will housing prices drop?
Yahoo Personal Finance· 6 days agoHouse prices are not going down yet; we’ll have to wait for federal policy and new home construction for prices to improve. Learn when housing prices...
Retail Sales Fall Short of Expectations in May
Investopedia via Yahoo Finance· 19 hours agoAnd, a recent uptick in the unemployment rate may also be pushing people to tighten their belts. "Given slowing job growth and lower savings, and the...
How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 7 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage< ...
Rent vs. buy: A comparison of housing costs in U.S. cities
Stacker via AOL· 2 days agoBureau's 2022 American Community Survey. Mortgage cost: The median monthly housing costs for...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 7 days ago“More than anything, it’s changing very rapidly.” Why the dot plot was...can be at guiding economic...
Housing and falling mortgage rates could lift markets
TheStreet.com· 3 days agoOn the surface, the Federal Reserve's big meeting this past week delivered what many people...