Adjustable‑rate mortgages (ARMs) have a headline appeal: they start with a lower interest rate than the usual 30‑year fixed loan. That means your first few payments could be cheaper, freeing up cash for other expenses or emergencies. However, the rate you lock in today is only the beginning. Afte
Two budget airlines, Allegiant and Sun Country, have officially joined forces in a $1. 5 billion deal. The merger comes at a tough time for cheap flights, as rising fuel costs—fueled by Middle Eastern conflicts—push up prices across the industry. Sun Country brings extra benefits to the partnership,
The U. S. housing market saw a sharp decline in sales for the first month of the year, even though mortgage rates are getting lower. Only 3. 91 million existing homes were sold in January, which is an 8. 4 percent fall from December. This drop marks the biggest monthly decline in almost four y
The housing finance world is buzzing with changes. Bill Pulte, the head of federal housing finance, has given Fannie Mae and Freddie Mac the green light to buy way more mortgage bonds. Initially, the limit was $40 billion for each, but now it's up to $225 billion. That's a huge jump! This move coul
In December, the housing market saw a big drop in pending home sales. This means fewer people signed contracts to buy homes compared to the month before. Experts thought there might be a small increase, but instead, there was a big decrease of 9. 3%. This drop was felt all over the U. S. , with only
In the last month of 2025, the housing market showed some unexpected strength. Sales of existing homes picked up speed, reaching a rate of 4. 35 million units when adjusted for seasonal changes. This was a notable jump from November and even better than what experts had predicted. Looking back at t
Trump has been sharing his plans to make things cheaper for regular Americans. He wants to lower mortgage rates and cap credit card interest rates. But not everyone thinks these ideas will work well. He suggested buying $200 billion in mortgage bonds to bring down mortgage rates. He also wants to l
Bill Pulte, a key figure in housing, recently shared some big news. He said President Donald Trump is taking strong steps to lower home prices and mortgage rates. Pulte believes these moves could make a huge difference for people who want to buy a home. Pulte talked about two main actions Trump is
Home loans are getting cheaper. This is big news for people who want to buy a house. But why is this happening? Let's break it down. The government is stepping in to help. They told two big companies, Fannie Mae and Freddie Mac, to buy lots of home loans. This is a lot of money. It's $200 billion.
Mortgage rates took a nosedive recently, hitting a near three-year low. This drop came right after a big announcement about Fannie Mae and Freddie Mac buying more mortgage bonds. The idea is to make homeownership more affordable by lowering monthly payments. Fannie Mae and Freddie Mac don't give ou
