Yahoo Home Gabriella is a personal finance writer whose previous coverage has appeared in Money Magazine, MSN Money and the Journal Gazette & Times-Courier. She began her career at the Hyde Park Herald, where she wrote about K-12 education, politics and small businesses in the South Side of Chicago and won a McCormick Foundation Diversity Writers scholarship. During her freetime, she likes to enjoy a good book or skateboard with her dog.
Yahoo FinanceHousing expert on mortgage rates: 'Plan on rate volatility' ahead of Fed
The rate on the average 30-year fixed mortgage increased to 6.75% on Tuesday, up from 6.67% on Monday and 6.55% on Friday.
- Yahoo Finance
Biden revives hopes for this poverty-fighting tax break
Bringing back the enhanced Child Tax Credit was included in the president's budget this month.
- Yahoo Finance
Mortgage rates slide following bank turmoil
The rate on the average 30-year fixed mortgage fell to 6.60% this week, down from 6.73% the week prior, according to Freddie Mac.
- Yahoo Finance
A bank failure, a panic, and a race to close on a home
A mortgage professional in Seattle rushed to close a home loan with First Republic Bank before conditions got worse.
- Yahoo Finance
Housing activity perked up on brief dip in mortgage rates after SVB collapse
The volume of all mortgage applications rose 6.5% compared with the previous week, the Mortgage Bankers Association said.
- Yahoo Finance
Dip in mortgage rates after bank collapse is fleeting
The average rate on the 30-year fixed mortgage increased to 6.75% on Tuesday, according to the latest Mortgage News Daily quote.
- Yahoo Finance
Housing market could see relief from shock move in Treasury market after SVB collapse
The average 30-year mortgage rate dropped to 6.57% on Monday, according to the latest Mortgage News Daily quote.
- Yahoo Finance
Mortgage rates increase again, flirt with 7%
The average rate on the 30-year fixed mortgage increased to 6.73% from 6.65% the week prior, according to Freddie Mac.
- Yahoo Finance
Here’s how sharply mortgage refinancing has dropped off
In the first quarter of 2021, there were 1.84 million refinances. In the final months of 2022, that number was just 9,701.
- Yahoo Finance
Older mortgage applicants are more likely to be rejected, study finds
Insufficient collateral and mortality risk are the main reasons for rejection.
- Yahoo Finance
Buy-now-pay-later borrowers struggle more financially, study finds
This could potentially make them more vulnerable to potential late payments and fees.
- Yahoo Finance
Housing confidence craters once more as mortgage rates spike
Fannie Mae’s gauge of housing sentiment dropped 3.8 points in February to 58.0, falling close to its record low set last year.
- Yahoo Finance
Last year’s homebuyers watch for fleeting chance to refinance
New homeowners face a fast-changing rate environment as they try to shed he much higher-than-expected mortgage rate they got in 2022.
- Yahoo Finance
Mortgage rates surge closer to 7%
The average rate on the 30-year fixed mortgage increased to 6.65% from 6.50% the week prior, according to Freddie Mac.
- Yahoo Finance
New stock-as-collateral mortgage for Amazon workers comes with key caveats
The new mortgage allows current and former workers of the e-retail giant to pledge company stock as collateral toward a down payment on a home.
- Yahoo Finance
New home buyers are backing out of deals. Why?
As mortgage rates inch closer to 7%, hundreds of thousands of inflation-weary homebuyers across the U.S. are backing out of deals. Nationwide, the number of newly pending contracts to buy a home plunged from 58,000 to 55,000 during the week ending Feb. 17, Altos Research found. That’s its first decline since the start of the year, a notable reversal from what appeared to be a slowly recovering housing market ahead of the spring.
- Yahoo Finance
Millions of debt collections dropped off Americans' credit reports
The total number of debt collections on credit reports dropped by 33% from 261 million in 2018 to 175 million in 2022.
- Yahoo Finance
Tax refunds shrink even more versus last year, latest IRS data shows
The average refund amount was $1,997, down 14% from $2,323 during the same period last year.
- Yahoo Finance
Mortgage rates jump higher after nearing 6%
The rate on the 30-year fixed mortgage increased to 6.32% from 6.12% the week prior, according to Freddie Mac
- Yahoo Finance
Troubling signs emerge as credit card debt hits record high
Balances grew $61 billion in the fourth quarter from the previous one to $986 billion, the Federal Reserve Bank of New York found.