SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
Five major banks have agreed to provide mortgage relief to customers affected by wildfires that have ravaged thousands of ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Some U.S. consumers are optimistic about the housing market in 2025, believing there's a chance mortgage rates and home ...
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
Many first-time buyers may not be aware of the act of 'seasoning' their bank accounts before applying for a mortgage.
California Gov. Gavin Newsom announced commitments from five major financial institutions that will offer mortgage relief for ...
The average rate on a 30-year fixed mortgage has stayed above 7% for the past week, its highest level in six months. Soaring ...