Tag: Mortgage rates
Op-ed: The case for a 40-year mortgage
Homeownership has long symbolized the American Dream, embodying stability, wealth creation, and community investment.Yet, for millions of Americans, especially younger generations and first-time...
CNBC Daily Open: Markets fall with Japan stocks in bear territory; Berkshire's cash hoard at record high
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M....
CNBC Daily Open: Nasdaq in correction territory; Berkshire's cash holdings reach record high
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M....
Kyla Scanlon explains Gen Z's divided attitudes toward investing
Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations."It's a bifurcated world," she told CNBC's...
Australia's budget is expected to target housing crisis as prices keep climbing
An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set...
'The 30-year fixed-rate mortgage is a uniquely American construct,' analyst says. Here's why
monkeybusinessimages | GettyMost U.S. homebuyers taking out a mortgage opt for a 30-year fixed-rate — but they may not realize how unusual that...