Mortgages

A San Marcos man lost his home of nearly two decades after it was sold out from under him, all because of a small loan he took out years ago. They’ve been nicknamed ‘zombie loans,’ loans you think were forgiven, but that companies are just waiting to collect on.

The decision to raise interest rates could sideline some people planning to buy a home. And, experts predict higher rates may also affect sellers. Vikki Vargas reports on NBC4 News at 4pm on Wednesday, June 15, 2022.

The program started during the COVID-19 pandemic and uses money from the 2021 American Rescue Plan to help homeowners make their past-due payments. Video aired during Today in LA on Wednesday, June 15, 2022.

Tustin-based New American Funding was ranked the 18th best place to work in the U.S. by Fortune Magazine and their 2022 list of the 100 Best Companies to Work For.

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.

With both home prices and rents rising, you’ll have to make a decision based on your personal situation. Here’s what to consider.

A sharp increase in mortgage rates causes a plunge in refinance demand.

You’ll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.

Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.

In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according to data from the National Association of Realtors.

The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.

Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.

Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.

Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.

Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.

People looking to buy a home for the first time face a steep learning curve. Here are some of the basics from experts in the field.

Rising mortgage rates are starting to take their toll on homebuyers. Sales fell far more than expected in February.

After holding rates near rock bottom for two years, the Fed is finally boosting its benchmark. Here’s what that means for you.

Rising mortgage rates are starting to take their toll on homebuilder confidence, especially sales expectations.