CBS NEWS – A wounded veteran and his wife, both retired Marines, got the gift of a lifetime on Saturday, just ahead of Veterans Day. The Tunnel to Towers Foundation gifted the couple with a brand-new “smart home,” built for them on their 15-acre farm in upstate New York. Lance […]

Chicago, Illinois, USA – Home prices are affordable in Chicago, making monthly mortgage payments cheaper than the current average rent. If you’re currently renting because you don’t think you can afford a home in your city, you might be surprised — in many major U.S. cities, it’s actually cheaper to […]

Mortgage rates surged last week thanks to an exceptionally strong jobs report. Even though there wasn’t anything as threatening in the current week, rates failed to make much progress back in the other direction. Investors were focused on election results where the Democratic victory in the House temporarily helped rate […]

How did a 27-year-old kid How did that kid get a 3.39% mortgage while I’m paying an extra 0.45% a year? I used to think paying down debt and having a good credit rating would reward me. Then I went to renegotiate my mortgage and was told that my five-year […]

Beazer Homes USA is working to encourage competition among its approved lenders in order to help control upward pressure on home prices and lending rates that could slow sales. “We realize that affordability is a major concern,” President and CEO Allan Merrill said during the company’s earnings call for its […]

As you’re moving along in your homebuying process, you might’ve already gotten preapproved for a mortgage . Maybe you’ve found a home you love and have started taking the steps to buy it. But depending on the home, there might be some setbacks. If you’re getting ready to buy a […]

Ah yes, mortgage payments. Can’t live with ’em, can’t live without ’em. As it turns out architects like Macy Miller are an exception. The Idaho-based designer, longed for a place of her own free from the burden of mortgage payments and huge expenses. Her solution is the ‘Tiny House.’ The […]

President Donald Trump’s short-term stimulus is pushing up borrowing costs and eliminating deductions in some markets. Although growth in the housing market is slowing, the number of million-dollar homes in the United States is on the rise, creating pockets of affluence in a housing market experts say is becoming increasingly […]

Lending into retirement is expected to be the fastest growing segment in the specialist mortgage market over the next two years. According to the latest Financial Adviser Confidence Tracking (FACT) Index from Paragon, nearly 80% of mortgage intermediaries are expecting a retirement lending boom. Today lending into retirement accounts for […]

When you start thinking about home buying, the first thing many people think is, “How will I raise the 20% down payment?” Contrary to what you’ve heard, 20% down isn’t required. You have choices, even as low as 0%. So that begs the question, “How much should I put down […]