About Clare Trapasso

Clare Trapasso Articles

• Housing News
• September 18, 2024

The Fed Cut Interest Rates. Will Mortgage Rates Go Down Too?

Mortgage rates may not come down to correspond with the U.S. Federal Reserve's interest rate cut as many homebuyers had hoped.

• Videos, Homebuyers
• September 18, 2024

Should You Buy a Home Now—Or Wait Until Mortgage Rates Fall?

New American Funding Regional Vice President Ralph DiBugnara discusses whether homebuyers may want to wait until mortgage rates fall to purchase a home—and the risks to doing so.

• Homebuyers
• August 22, 2024

The Cash Advantage: How to Save Big When Buying a Home with Cash

Homebuyers looking to save money may be able to secure a discount by using cash. But how do you become a cash buyer? Here's the answer.

• Housing News
• August 21, 2024

Homeowners Race to Refinance as Mortgage Rates Come Down

Mortgage rates have been declining since May. That's driving an increase in people seeking to take advantage of the market by refinancing their mortgage.

• Housing News
• August 20, 2024

Could a Recession Help First-Time Buyers? A Downturn Could Make Purchasing a Home More Affordable

Fears of a looming recession recently pushed mortgage rates down to their lowest levels in more than a year. While real estate experts placed the odds of a recession at less than 50%, an economic slump could make buying a home more affordable.

• Housing News
• August 14, 2024

How Low Will Mortgage Rates Go?

Many homebuyers and homeowners hoping to refinance their high-interest loans were pleasantly surprised when mortgage rates tumbled down this week to their lowest level in more than a year.

• Housing News
• July 31, 2024

Hold On Homebuyers: Mortgage Rates Could Tumble This Fall

The U.S. Federal Reserve held its interest rates steady at its July meeting. But the Fed is widely expected to make its first rate cut in September if inflation continues to cool. That could lead to lower mortgage rates.

• Housing News
• July 30, 2024

Fast-Track to Homeownership: Here's How Much Faster Buyers Can Purchase by Using Down Payment Assistance

To find out how much quicker down payment assistance can help buyers get into a home, New American Funding calculated how long it would take homebuyers to save up for an 8% down payment on a typical home in 10 large metropolitan areas.

• Housing News
• July 23, 2024

Buyer's Market Incoming? More Homes for Sale Gives Buyers Choices and Power

The housing market is becoming a bit more friendly to buyers as inventory continues to rise. That's giving buyers the opportunity to shop around and even negotiate some of those prices down.

• Housing News
• July 17, 2024

Foreign Buyers Purchase Record-Low Number of American Homes

Even foreign buyers aren't immune to the challenges in the U.S. housing market. In fact, a new report shows that foreign buyers purchased fewer homes in the last year than in any year since 2009.