How Long Is a Mortgage Preapproval Good For?

As mortgage rates continue their stomach-turning rise and serious shoppers compete for a limited supply of homes, would-be home buyers may be struggling to make a successful offer before their mortgage preapproval letter expires. According... Read more

Suddenly, the Housing Market Is Not All About the Sellers

Selling a home these days isn’t as effortless as a year ago, when a seller could choose among competing buyers. “Overall, I’d say the buying/selling experience right now is comparable to the summer of 2019,”... Read more

Mortgage Rates in September: A Smooth Ride, Then Turbulence

September mortgage rates forecast Interest rates on fixed-rate mortgages are likely to remain fairly stable in the first three weeks of September. The forecast gets murkier at the end of the month. That’s because the... Read more

First-Time Home Buyer Metro Affordability Report – Q2 2022

After two long years of home sellers calling all of the shots, home buyers are eager for the housing market to tilt in their favor. But modest improvements in the number of home listings and... Read more

Fed Boosts Rates Yet Again, Pushing Down Home Affordability

The Federal Reserve continued to shout from the rooftops Wednesday that it will do what it takes to get inflation under control. The central bank raised the overnight federal funds rate by 0.75 percentage point,... Read more

Home Prices Might Drop but Won’t Crash: What Buyers Should Know

Some would-be home buyers are rooting for a full-on housing market crash because prices have zoomed so far past the point of affordability. Please “crash faster so I might be able to own my own... Read more

October Mortgage Rates Will Continue to Rise, Haunting Home Buyers

October mortgage rates forecast Mortgage interest rates are likely to keep on rising in October. Projecting the trend for mortgage rates this month isn’t particularly tricky, but it doesn’t look like there’ll be any treats,... Read more

How to Use a HELOC Strategically in Retirement

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other... Read more

7 Best Mortgage Lenders for ITIN Loans

New American Funding: NMLS#6606 Best for first-time home buyers 620 FHA: 500 JUMBO: N/A USDA: 640 VA: 500 CONVENTIONAL: 620 3% New American Funding works with down payment assistance programs in 14 states, including California,... Read more

What to Do if Your Homebuying Plan Got Scrapped This Year

Millennials are in peak nesting mode. We want the outdoor space many apartments lack, or the room to grow that a starter house doesn’t offer. There’s just a not-so-small problem. (Gestures broadly at everything.) The... Read more