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Powell says rate cuts won’t make ‘much of a difference’ for struggling housing sector
Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with interest rate cuts unlikely to move the needle significantly to address challenges with inventory and…
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Mortgage rates tick higher but remain near 2025 lows
Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released…
One market shift from ‘underwater’: Credit expert uncovers the real risks of 50-year mortgages
When the Trump administration floated the idea of a 50-year mortgage, credit solutions expert Micah Smith didn’t mince words. "I…
Ackman says taxpayers could reap $300B under his plan for Fannie Mae, Freddie Mac
Billionaire investor Bill Ackman unveiled a plan on Tuesday he says would help the Trump administration meet its goals for…
Hidden costs of homeownership jump, tightening the squeeze on buyers
The hidden costs of homeownership are reaching nearly $16,000 per year nationwide, underscoring the ongoing affordability crisis crippling potential buyers. …
Bill Ackman to unveil plan for mortgage giants Fannie Mae and Freddie Mac this week
Billionaire hedge fund manager Bill Ackman said he will unveil a new proposal next week involving Fannie Mae and Freddie…
Portable mortgages explained: What they are and how they work
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable mortgages, which would allow a…
Mortgage rates tick higher for second straight week
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage…
Trump’s 50-year mortgage may burden Americans with more debt, experts say
Economists are warning that President Donald Trump’s proposed plan to ease mortgage costs could saddle millions of Americans with longer-term…
How VA loans help veterans achieve the American dream
U.S. military veterans are eligible for a wide range of benefits through the Department of Veterans Affairs (VA), with popular…
Trump’s 50-year mortgage proposal: What would it mean for homebuyers?
President Donald Trump and administration officials signaled that they're planning to develop a 50-year mortgage that they think could expand access…
US household debt hits a new record, NY Fed finds
American households' debt burdens increased to the highest level on record in the third quarter of 2025, according to a…
Bessent says US housing market in ‘recession’ due to Federal Reserve interest rate policies
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because…