Mortgage rates hit a two-month low this week, remain under 7%
Home prices are lowering, and rates are down, but renting is still cheaper than buying in most areas of the country.
California's homeowners insurance industry faces rough road ahead as wildfires continue
The wildfires in California are causing insurance companies to pull policies when homeowners need them most.
The Federal Reserve announced a third rate cut; fewer are expected in 2025
On the heels of rate cuts, the housing market is slowly getting closer to a full recovery.
The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts in December
The job market remains stable but isn’t growing substantially. This may lead to more interest rate cuts when the Fed meets in December.
FHFA announces higher mortgage loan limits for 2025
The FHFA has raised maximum limits for a traditional mortgage on the heels of rising home prices.
The Fed just cut interest rates again, this time by a quarter of a percentage point
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Inflation sees the lowest annual rise since 2021
Inflation rose by 2.4% in the last 12 months, the lowest increase in the last three years.
Supreme Court blocks President Biden's SAVE plan again
The Supreme Court rejected Biden's request to reactivate the SAVE plan, leaving millions of borrowers in limbo.