Tag: home buying 2025
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Suddenly, Nearly One in 10 Mortgage Applicants Want Adjustable Rates. Home Buyers, Take Note
Mortgage rates jumped this month. Now, the share of adjustable-rate mortgage applications is back up to where it was two years ago — 9.6%. What is going on? We’re here with the breakdown.
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FHA Layoffs? Here’s What Home Buyers Want to Know
A powerhouse of the U.S. housing market seems at the brink of a major staff cut. HUD is the Department of Housing and Urban Development. It oversees the country’s FHA-backed loans. And it’s in for some turbulence.