How assumable loans could help homebuyers in the DMV avoid high mortgage rates

Buying a new home in the DMV is tough these days with mortgage rates sitting over 7% — double where they were just two years ago. But there might be a way around the skyrocketing rates. 

Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Homeownership is the new hot wedding gift

Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.

Walt Disney's 'Storybook Mansion' is available for rent; here's how much it'll cost

Walt Disney lived in this beautiful home from 1932 to 1950 and it was in this home where he drew inspiration for the movie “Snow White" and classic characters such as Mary Poppins and Winnie the Pooh.

Rod Stewart lists Beverly Hills mansion for $70 million

Sir Rod Stewart's English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.