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2 weeks ago | 
nerdwallet.com | Taylor Getler
We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners compensate us.
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2 months ago | 
nerdwallet.com | Taylor Getler
Weddings and homeownership are two major goals for many couples, but affording both takes years of careful saving and planning. In 2024, the median age at first marriage was 28 for women and 30 for men, according to U.S. Census data. Yet the National Association of Realtors reports that the median age of first-time home buyers in 2024 was 38. Picture a typical American couple waiting nearly a decade after marriage to become homeowners.
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Jan 16, 2025 | 
nerdwallet.com | Taylor Getler
Weekly mortgage rates went up this week, with the average 30-year mortgage rate hitting its highest point since May 2024. In the week ending Jan. 16, the average 30-year fixed-rate mortgage rate rose by 13 basis points to 7.06%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point. This marks the first time in nearly eight months that the weekly average 30-year rate was over 7%.
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Nov 19, 2024 | 
nerdwallet.com | Taylor Getler
Weekly mortgage rates fell for the first time since September in the week ending Nov. 14.
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Oct 10, 2024 | 
nerdwallet.com | Taylor Getler
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners. Published Oct 10, 2024 12:10 p.m. PDT · 1 min readWriterTaylor GetlerWriter | Home equity, first-time home buying, home warrantiesTaylor Getler is a home and mortgages writer for NerdWallet.
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Sep 18, 2024 | 
nerdwallet.com | Taylor Getler
We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners compensate us.
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Aug 15, 2024 | 
nerdwallet.com | Taylor Getler
We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners compensate us.
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Jul 11, 2024 | 
nasdaq.com | Taylor Getler
Mortgage rates fell in the week ending July 11, with fixed rates seeing their largest week-over-week drop since May. The 30-year fixed-rate mortgage averaged 6.77%, down 17 basis points from the previous week's average, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.
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Jul 2, 2024 | 
nasdaq.com | Taylor Getler
For many homeowners of retirement age, much of their net worth is tied up in their home equity, their home value minus any remaining liens. Home equity makes up 47% of the net worth of a median white homeowner age 62 or older, 81% of total net worth for older Black homeowners and 89% of total net worth for older Latino homeowners, according to the Urban Institute. If you’re looking for ways to cover expenses after retirement, you may consider converting some of your home equity into cash.
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Jun 27, 2024 | 
nasdaq.com | Taylor Getler
Mortgage rates increased this week for the first time in June, ending the month on a low note. The 30-year fixed-rate mortgage averaged 6.81% APR, up five basis points from the previous week's average, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.
