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3 mins read

Homebuying decision may be impacted if mortgage rates cross 9%: FICCI-Anarock survey

A FICCI and Anarock survey reveals that nearly 90% of homebuyers will be significantly impacted if …

PTI   


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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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3 mins read

Musk's DOGE wants to 'delete' entire government agencies. Here's where the most people are employed and what they make.

Elon Musk and Vivek Ramaswamy have floated trimming headcount at government agencies. BI looked at …

Ayelet Sheffey,Madison Hoff   


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2 mins read

A new way for Russia to cement its hold on Ukraine: dirt-cheap mortgages

A Russian bank says it is launching a 2% mortgage rate for primary housing in Ukraine's occupied re…

Thibault Spirlet   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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3 mins read

The housing market is seeing its biggest logjam since before the pandemic

More than 19% of homes on the market saw a price cut in August, the highest share in 5 years, Redfi…

Jennifer Sor   


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2 mins read

An under-the-radar Trump trade has soared on hopes of a big shake-up in the US mortgage industry

A second Trump presidency could revitalize efforts to privatize Freddie Mac and Fannie Mae, mortgag…

Matthew Fox   


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2 mins read

Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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2 mins read

The Federal Reserve gives Americans another interest rate cut

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…

Ayelet Sheffey   


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3 mins read

Get ready for inflation and interest rates to rise again

One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…

Ayelet Sheffey   


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2 mins read

A real-estate investor explains how he got a 2.75% mortgage amid 7% rates

Shopping at different banks and mortgage brokers won't yield much difference in rates. So Michael t…

Laila Maidan   


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2 mins read

Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says

Mortgage rates will remain above 6% next year, with the market already pricing in Fed rate cuts, Go…

Kelly Cloonan   


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2 mins read

Billionaire Ray Dalio says people should budget for the basics — and the US faces 3 huge threats

Elite investor Ray Dalio said people should budget for the basics and flagged government debt, infi…

Theron Mohamed   


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2 mins read

Australia announced a sweeping plan to forgive 20% of student debt

The move, which could take effect in June if the current Labor government stays in power, would era…

Hannah Abraham   


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1 min read

Mortgage rates have dipped below 7% — providing home buyers some much-needed relief

The 30-year fixed mortgage rate fell to below 7% for the first time since March.

Jacob Zinkula   


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3 mins read

A retiree says $1,620 monthly Social Security isn't enough to live on, but she's worried about draining her savings too early

Elizabeth McCoy, 61, is struggling with expenses in central Indiana. High medical bills might force…

Allie Kelly   


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5 mins read

Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.

Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…

Ayelet Sheffey   


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2 mins read

Rate cuts were supposed to push mortgage rates lower. The opposite has happened.

Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since econom…

Matthew Fox   


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6 mins read

America dodged a recession. Now there's one last pitfall to avoid.

Recession fears are fading and the job market is looking stronger. That's great news for average Am…

Neil Dutta   


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2 mins read

Justin Trudeau, a champion of immigration, says he overdid it and strained Canada's economy

Under a new plan, the number of permanent residents arriving in Canada in 2025 will be reduced by 2…

Hannah Abraham