About Clare Trapasso

Clare Trapasso

Editorial Director, New American Funding

Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.

Clare Trapasso Articles

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.

couple walking through french doors into their home

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.

Housing News
July 15, 2024

Is the Housing Market Heating Up or Cooling Down? That Depends

The real estate mantra of location, location, location is extremely important for buyers and sellers this summer. That’s because whether they will be experiencing continually accelerating home prices or prices that may start to slow down really depends on where they live.

a couple celebrating on the couch with paperwork flying in the air

Homeowners
July 12, 2024

Slash Your Mortgage: Strategies to Pay Off Your Home Loan Faster and Save Big

A mortgage is a big commitment - both financially and in terms of time. However, there are several ways that you can save money and time on your home loan.

Housing News
July 10, 2024

Homebuyer Relief on the Horizon? Mortgage Rates May Soon Decrease

Homebuyers may soon get a break in the form of lower housing costs. Mortgage rates could soon dip as inflation cools and that may already be happening.