Assumable loans allow home sellers to transfer the more attractive rate they secured in the past to buyers. Wall Street Journal reporter Ben Eisen joins host J.
R. Whalen to explain how they work, as well as the pros and cons. Illustration: Alexandra Citrin-Safadi; Photo: Mario Tama/Getty ImagesWSJ's Your Money Briefing podcast is your personal-finance and career checklist. Finance reporters and experts break down complicated money questions every weekday to help you make better decisions about managing your money.
A new tax law requires ticketing platforms like Ticketmaster and StubHub to give the IRS information about ticket sales over $600. After a year of expensive tours and live events, resellers could be in for a surprise come tax season. WSJ music industry reporter Anne Steele joins Ariana Aspuru to discuss. Photo: Kevin Mazur/Getty ImagesFederal funding for an estimated 70,000 child-care centers nationwide ran out on September 30. Wall Street Journal “Numbers” columnist Josh Zumbrun joins host J.R.
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Mortgage rate races toward 8% after hitting a high not seen since late 2000Mortgage rates follow loosely the yield on the 10-year Treasury, which has been climbing this week.
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Supreme Court case on CFPB funding could have wider ramifications for mortgage borrowersThe Consumer Financial Protection Bureau faces a high-stakes legal fight.
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Mortgage rates forecast for October is grim for borrowersIn September, mortgage rates reached their highest levels since 2000, and they could inch upward in October.
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Rising mortgage rates squeeze Southern California homebuyers, depress salesSouthern California transactions “continued to find a new nadir in August,” with 2023 on track to be the slowest year on record, CoreLogic reported.
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Should you lock in a mortgage rate before the next Fed meeting? Here's what experts thinkPredicting rates can be hard, and you might be better off if you focus on what you can control, experts say.
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