Home Mortgage

A drop in mortgage rates for the first time in two months has sparked a surge in home purchase applications, breathing new life into the stagnant housing market.

The conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $800,000, the Federal Housing Finance Agency announced Tuesday.

The family of California Gov. Gavin Newsom acquired a multi-million-dollar home in a Marin County transaction early in the month. The move was first reported by local media outlets.

Barbara Corcoran says real estate will "go ballistic" if rates hit 5%. But if they go up, it could fuel "terrible" things for the market and slow down the U.S. economy.

Mortgage rates climbed this week with the 30-year fixed rate mortgage nearing 7%, after a drop in rates in September sparked a revival in existing home sales in October.

Bilt, which has become widely known as a loyalty program helping renters earn on their biggest reoccurring expense, is trying to help people shift into home buying.

Nestled among the mountains in southwestern Montana is Bozeman. The fast-growing city is home to a dynamic real estate market.

Monthly housing costs have risen to such a degree that the majority of residents making under $50,000 are struggling to make payments, a survey found.

Realtor.com economists have nailed down when the best time to buy a home is during the year. While interest rates are high, this year is no different.

Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.

Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.