Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

"Do you ever hear about Freddie or Fannie doing anything illegal with regard to foreclosures?" Wow - that question is way above my pay grade! And I am no judge, jury, or attorney. It did remind me, ...

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Your credit score plays an important role in securing your mortgage. That's because lenders use it (alongside your credit report and other criteria) to determine how likely you are to repay your home ...

When you're ready to apply for a mortgage loan, you'll likely hear that you should shop around for multiple mortgage offers. It's often left unanswered how exactly you should do this. Shopping for a ...

The frenzied housing market caused by the pandemic looks like it is slowing down and may finally be more favorable for buyers. Though 30-year mortgage rates are higher than a year ago as interest ...

The average rejection rate for mortgage applications increased by 8.6 percentage points to 20.7% in 2024, well above the 2019 rate of 10.2%. New data published by the Federal Reserve Bank of New York ...

Mortgage applications can be denied for multiple reasons, including credit issues and changes in employment. If your mortgage application is rejected, you can explore other lenders and loan options ...