Daily News Channel
Homebuyers scramble as mortgage rates rise Higher payments could price many would-be buyers out of the market The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be […]
If you’d like to get a sense of how we’re emerging from our nationwide housing malaise, sit down at Jillian and Aaron Roberts’ kitchen table. As 2-year-old twins Lennon and Miles run by — those divots in the table are their doing — the couple explain that when they first started looking to become homeowners back in 2006, there was little they could afford
Here’s a thought: let’s have the government do something to fix the housing market. Now what would that be? Ideas are flying around Washington.