'American Dream Home': Orange Beach, Alabama
FOX Business host Cheryl Casone assists Ashley and Rob in their search for their 'Sweet Home Alabama' beach house.
Can you use a HELOC for a down payment?
If you need to borrow money for a down payment on a second home, you can use a HELOC to finance it. Keep reading to learn more.
Today’s best mortgage deal? 20-year rates are the lowest available at 6% | Nov. 16, 2022
Check out the mortgage rates for Nov. 16, 2022, which are mixed from yesterday.
Homebuilder sentiment falls sharply in November as higher mortgage rates bite
Builder sentiment in the market for single-family homes tumbled in November to the lowest level in 10 years, indicating the housing market is officially in a recession.
Mortgage refinancing dries up
A decline in mortgage rates couldn't boost the refinancing area of the mortgage market. Meanwhile, demand for mortgage applications increased 2.7% from the prior week.
What first-time buyers should know about the costs of homeownership
Closing costs can add between 2% and 5% to the sale price of your home — but those aren’t the only homeownership costs you’ll need to consider. Learn more.
Housing agency reports record financial cushion as it braces for market downturn
The FHA doesn’t issue mortgages but insures lenders against losses. Borrowers can pay for insurance on mortgages with down payments of as little as 3.5%.
Today’s 30-year mortgage rates plunge more than a quarter point | Nov. 15, 2022
Check out the mortgage rates for Nov. 15, 2022, which are largely up from yesterday.
Today’s mortgage rates: Shorter terms offer borrowers best opportunity for interest savings | Nov. 14, 2022
Check out the mortgage rates for Nov. 14, 2022, which are largely up from last Friday.
Mortgage rates rise as Fed fights inflation: Freddie Mac
Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.
California man sentenced 9 years for $6 million real estate scam
A California man was sentenced to nine years in prison for his involvement in a $6 million real estate scam. His sister and a co-conspirator will be sentenced in May.
Couple finds their 'American Dream Home' in Wildwood, Missouri: 'Room to play'
On "American Dream Home" on Fox Business, host Cheryl Casone helped a couple and their four children find a new place to live in a beautiful part of the country: Wildwood, Missouri.
Mortgage amortization 101 for first-time homebuyers
Mortgage amortization describes where your monthly mortgage payment goes. To start, you pay mostly interest. Over time, you pay more principal. Learn more.
US’s real estate market continues to suffer from withering home supply: Mitch Roschelle
Macro Trend Advisors founding partner Mitch Roschelle discusses the real estate market and the potential ways Americans can attempt to fend off high mortgage rates.
Savings window opens: Today’s mortgage rates plummet across all terms | Nov. 11, 2022
Check out the mortgage rates for Nov. 11, 2022, which are down from yesterday.
Today’s 20-, 30-year mortgage refinance rates tumble to 6.25% | Nov. 11, 2022
Check out the mortgage refinancing rates for Nov. 11, 2022, which are down from yesterday.
WeWork plans to shutter 40 locations in US
Office co-working company WeWork announced on Thursday that it has plans to soon shutter over three dozen locations across the United States.
Fannie Mae's new rent reporting program helps renters build credit
Fannie Mae introduced a new rent reporting program that will allow renters to build credit and could open a path to homeownership.
How to make your first mortgage payment
Not sure how to make your first mortgage payment? Find out the common ways homeowners make their payments, plus the consequences if you miss one.
Today’s 20-year mortgage rates fall to 36-day low | Nov. 10, 2022
Check out the mortgage rates for Nov. 10, 2022, which are mixed from yesterday.