Homeowners lose wealth as rising interest rates weigh on home values

A “For Sale” check in entrance of a house in Albany, Calif., on Tuesday, Might 31, 2022. David Paul Morris | Bloomberg | Getty Photographs Some householders are shedding their wealth as excessive mortgage charges weigh on house values, no less than on paper, because the once-hot housing market cools quickly. Gross sales have been … Read more

2008 to start again? BofA just launched a test of mortgages with no down payment and no closing costs for minority communities

2008 to begin once more? BofA simply launched a check of mortgages with no down fee and no closing prices for minority communities A significant US financial institution has launched a brand new program to assist minority first-time consumers finance the acquisition of a house with out down fee or closing prices. It is a … Read more