home owners

Do you have an adjustable rate mortgage? The clock is ticking, here’s what you need to do now

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Do you have an adjustable rate mortgage? The clock is ticking, here's what you need to do now

Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE … Read more

A decline in housing prices is imminent in these 3 states

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A decline in housing prices is imminent in these 3 states

US home prices may be high, but the party may be over sooner than you think. A new report finds that more than 50 counties across the country are at risk of a housing market meltdown. It’s a dream come true for first-time buyers hoping for a bargain, but a nightmare for current homeowners enjoying … Read more