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Tag Archives: Bankrate.com

The Hidden Costs of Owning a Home

Housing Inventory

There’s more to the cost of owning the home than mortgage and down payment of a house.  According to a survey by personal finance website, Bankrate.com, The average ...

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Technology and Tax Reform

Greg McBride is the SVP and Chief Financial Analyst for Bankrate.com, with over two decades' worth of experience in personal finance. A regular staple the cable news scene, McBride regularly provides insights ...

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Mortgage Rates Down, Loan Applications Up

As previously predicted, mortgage rates reacted to the recent drop in the Treasury yield, falling this week to a 2017 low. However, these low rates may soon bounce back, with 30 percent of mortgage professionals polled predicting that next week will see a rise in rates. For now, the industry is experiencing an increase in loan applications as applicants move to take advantage of the favorable market.

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Millennials: Financial Independence a Priority

Though previously labeled as entitled, millennials have high expectations when it comes to being independent. A study revealed that millennials think people should be financially self sufficient at a younger age than older generations do. This hints to a promising future in the housing market.

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Rate Hikes Low on the List of Worries for Most Americans

Concern over what will happen now that the Fed has raised the interest rate for the first time in a decade‒‒and with further increases on the way‒‒is surprisingly minimal. Read on to see which group of Americans are not particularity worried about future rate hikes.

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Interest Rate Hike Outlook for 2016

Remember the interest rate hike that occurred last month? Wondering what's next? Mark Hamrick, Senior Economic Analyst at Bankrate provides some insight on what to expect from the Federal Reserve in the new year and why this is likely to not be the entity's last move.

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TRID: A Step Into the Unknown

Amid all the consternation about the looming TILA-RESPA Integrated Disclosure Rule effective date of October 3, one analyst believes that the biggest unknown about TRID is just that—unknown.

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