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Record Low Mortgage Rates Put More Cash In Pockets, But May Not Boost Economy Much
By: Chris Arnold | NPR
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A historic drop in rates has millions of homeowners refinancing to save money. It’s helping home sales, but it’s not helping the broader economy as much as it would in a normal recession.
Some Mortgage Deals Are In Limbo As Government Shutdown Drags On
By: Yuki Noguchi | NPR
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Furloughed workers can’t refinance or buy homes without the ability to verify their income. For a recently divorced couple, it means continuing to live together until financial issues are resolved.