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mortgage

LA County Home Prices and Sales Dip Amid High Mortgage Rates

Mortgage Rate Pressures Cool LA County Housing Market as Prices and Sales Pull Back Elevated mortgage rates and persistent affordability challenges led to a slowdown...

AI Mortgage Underwriting Bias: Non-English Names May Face Disadvantages

Algorithmic Discrimination: Non-English Names Face Nearly 6x Higher Foreign Deposit Flags in AI Mortgage Reviews As financial institutions rapidly automate lending procedures, a new study...

Sitting on Gold: California Mortgaged Home Equity Doubles National Average

Sitting on Gold: California Homeowners Control Nearly a Quarter of All U.S. Housing Wealth If you own a mortgaged house in the Golden State, congratulations—your...

The Hidden Cost Squeeze: Homeownership Now Costs 40% More Than 6 Years Ago

The True Cost of Homeownership Is Surging Far Beyond Purchase Prices Buying a home has always been viewed as a cornerstone of financial stability, but...

Record-High $770 Monthly Auto Loan Payment is Killing Dreams of Homeownership

The Dual Squeeze: Driving a New Car Across the Homeownership Finish Line The math behind achieving the American Dream is shifting dramatically, and the culprit...

Wells Fargo Launches $100 Million Mortgage Assistance Program

Settlement Resolves Lending Discrimination Lawsuit Support Targets Low- and Moderate-Income Homebuyers Los Angeles Among 50 Eligible Markets Nationwide Wells Fargo will launch a $100 million mortgage assistance...

High Income Required: FHA Loans Fail California’s First-Time Buyers

The Golden State's Iron Curtain: First-Time Buyers Priced Out For generations, the federal government’s ultimate housing safety net for young families has been the Federal...

Milestone or Millstone? Average Monthly Mortgage Payment Tops $2,000

The $2,000 Milestone: A New Era of Housing Affordability Stress For decades, a $2,000 monthly housing payment was reserved for luxury coastal markets or massive...

Mortgage Refinance Not Worth It for Most Homeowners

Falling interest rates are expected to bring additional declines in mortgage rates, but most homeowners are unlikely to benefit significantly from a mortgage refinance,...

50-Year Mortgage Cuts Payments but Doubles Total Interest

The idea of a 50-year mortgage has been floated, pitching it as a way to make homeownership more affordable. But a closer look at...

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