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Home Buying

All articles tagged with #home buying

Trump Eyes Using Retirement Savings for Down Payments
business1 month ago

Trump Eyes Using Retirement Savings for Down Payments

President Trump is preparing to unveil a plan to let Americans tap retirement savings, including 401(k)s, for down payments on homes. Details on how withdrawals would work and tax implications are scarce. Supporters say it could ease near-term housing affordability, while critics warn it could undermine retirement security. The administration is also pursuing steps to lower mortgage rates through large-scale bond purchases and is considering limits on big investors in single-family homes.

via BBC|
#401k#business#home-buying
Why Mortgage Rates Remain High and What to Expect in 2026
real-estate1 month ago

Why Mortgage Rates Remain High and What to Expect in 2026

Mortgage rates have remained relatively stable but are slightly decreasing, with experts predicting only minor drops in 2026. While waiting for rates to fall below 6% may not be necessary, buyers should consider current home prices, supply and demand, and explore various financing options to make homeownership more affordable. The Federal Reserve's rate cuts influence mortgage trends, but other factors like the 10-year Treasury yield and market supply also play significant roles.

via Yahoo Finance|
#federal-reserve#home-buying#housing-market
US Mortgage Rates Fluctuate Around 6.18% This Week
business2 months ago

US Mortgage Rates Fluctuate Around 6.18% This Week

The article reports that the top mortgage lenders with the best rates this week have APRs below 6%, with Citi Mortgage offering the lowest at 5.755%. It emphasizes the importance of shopping around and comparing APRs, which include both interest rates and fees, to find the best mortgage deal. The article also discusses how rates vary by lender and borrower profile, and provides insights on mortgage points and cost savings.

via Yahoo Finance|
#apr#business#home-buying
Best Mortgage Rates to Shop for as Rates Rise, Dec. 15, 2025
business2 months ago

Best Mortgage Rates to Shop for as Rates Rise, Dec. 15, 2025

Mortgage rates slightly increased this week despite a Federal Reserve rate cut, with Navy Federal Credit Union, Citi Mortgage, and PenFed Credit Union offering the lowest APRs among 16 surveyed lenders. Shopping around for the best mortgage rate, especially considering APR and potential discount points, can save borrowers significant money over the life of a loan.

via Yahoo Finance|
#apr#business#home-buying
Mortgage and HELOC costs decline as Fed cuts interest rates in 2025
business5 months ago

Mortgage and HELOC costs decline as Fed cuts interest rates in 2025

The recent 25 basis point cut in the Federal Reserve's interest rate has lowered the average 30-year fixed mortgage rate to 6.13%, reducing the monthly payment on a $500,000 loan by approximately $300 compared to earlier rates, resulting in significant savings over the loan's lifetime and offering new opportunities for buyers and homeowners to refinance.

via CBS News|
#business#financial-savings#home-buying
7 U.S. Locations Offering Payments to Move There
real-estate-and-relocation8 months ago

7 U.S. Locations Offering Payments to Move There

Several U.S. states and cities, including West Virginia, Tulsa, Baltimore, Hamilton, Ketchikan, and Newton, are offering financial incentives such as cash grants, down payment assistance, and relocation bonuses to attract new residents, especially remote workers, with programs ranging up to $12,000. These initiatives aim to boost local communities and attract talent by providing various perks for those willing to move and establish residency.

via CNBC|
#home-buying#move-incentives#real-estate-and-relocation