Mortgages

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’

[ad_1] Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis…

2 years ago

Real estate firms Compass and Redfin announce layoffs as housing market slows

[ad_1] A Redfin Corp. 'For Sale' sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty…

2 years ago

American households have almost $16 trillion of debt, but researchers say there’s a silver lining

[ad_1] U.S. household debt hit $15.84 trillion during the first quarter as Americans are collectively carrying about $1.7 trillion more…

3 years ago

When to increase your house budget and when to stick to your plan

[ad_1] Mikolette | E+ | Getty ImagesPrior to the pandemic's red-hot housing market, there was a simple profile that constituted…

3 years ago