Home Mortgage

Mortgage rates decrease for a fourth week

The average long-term U.S. mortgage rate fell for the fourth week in a row and has fallen more than three-quarters of a point since hitting a 20-year high last month, according to mortgage packager Freddie Mac.

Labor shortage a 'longer term problem': Ryan Payne

Payne Capital Management President Ryan Payne and Lexerd Capital Management CEO Al Lord join 'Mornings with Maria' to discuss the rise in rates affecting home buyers and mortgages, the job market with looming layoffs and the labor shortage.