Despite the Federal Reserve increasing interest rates, mortgage rates have dropped to the lowest level this year.
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The New York property, which was the first home of the 45th president of the United States, was purchased on March 23 for $2.14 million -- a nearly 54% profit for the previous owner who bought it just month's earlier.
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The Federal Reserve increased its benchmark interest rate on Wednesday, which could make buying a home more expensive.
The Federal Reserve is expected to raise its key interest rate Wednesday, which stands to impact millions of Americans.
Australia has cemented its status as the most desirable place for migrating millionaires in 2016.
Republican Rep. Jeb Hensarling penned a dramatic op-ed denouncing the CFPB in terms usually reserved for condemning tyrannical, intolerant autocratic regimes.
The Consumer Financial Protection Bureau has ordered mortgage lender Prospect Mortgage to pay a $3.5 million fine for illegal kickbacks to real estate brokers and agents.
The Department of Housing and Urban Development has suspended the reduction of annual mortgage insurance premiums that was supposed to go into effect January 27.
Coming up with a 20% down payment for a median-price home costs buyers two-thirds of their annual income, according to a new Zillow report.
The Federal Housing Administration will reduce the annual mortgage insurance premiums borrowers pay when taking out a low down payment home loan that is insured by the government.
Average fixed mortgage rates dropped for the first time in 10 weeks, according to Freddie Mac.
The average rate for a 30-year fixed-rate mortgage inched up to 4.16%, but rates are still low by historical standards.