Housing Some Reap Benefits of a ‘White Hot' Housing Market, but Others Need Help While the post-pandemic demand for houses along with a low supply created a price spike, not everyone is reaping the benefits. Millions of homeowners entered forbearance and many renters are struggling to pay rent as eviction protections begin to expire this summer. It’s a “race” to get more relief measures passed, says Chris Herbert of the Harvard Joint Center for...
mortgage debt What You Need to Know About Interest Rates and Your Mortgage Interest rates take the elevator up, and the stairs down. CNBC’s Bertha Coombs explains how changes in the interest affect saving money for a down payment and when you should get a mortgage for a home.
real estate Buying Your First Home? Do These 5 Steps Before Anything Else! Home loan rates have trended downward through most of this year, bolstering demand from would-be homebuyers.
mortgage debt Mortgage Debt Reached an All-Time High: Here's What to Know If You're a First-Time Home Buyer Americans mortgage debt climbed to a record high of nearly $10 trillion during the pandemic, according to the Federal Reserve Bank of New York. To help explain, NBCLX talked to the chief economist of the Association of Realtors, Lawrence Yun, and Danielle Hale, the chief economist at Realtors.com, who shared advice for first-time home-buyers.
