If you’re stretching toward a home purchase, anything that shrinks the pile of cash you need at closing looks pretty appealing. Homebuying assistance programs — usually in the form of help with your down payment or closing costs — could mean affording to buy now instead of waiting. Jeffrey Ruben, president of WSFS Home Lending...

The Federal Reserve just raised the target for the federal funds rate 25 basis points, or a quarter of a percentage point. It's the first increase to the funds rate since July 2023. Mortgage rates, on the other hand, have been rising since late April — and this week rates took a more decisive upward...