Even though it has been over 50 years since the Fair Housing Act was passed, Black homeownership rates have only risen from 41.8 percent to 42.3 percent[…]
The Federal Reserve (the Fed) announced plans to start incrementally increasing the FED fund rate throughout 2022.
The Fed will be purchasing mortgage-backed securities to until the market solidifies.
With all the hits to the market with the COVID-19 pandemic, the Federal Reserve (Fed) issued this emergency rate cut.
Your mortgage may come with a 15- or 30-year term attached to it, but that doesn't mean you have to wait that long to pay it off.
