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Mortgage Rates Inch Down. Housing Is Still a Mess.
Barrons.com· 2 days agoA relatively low supply of homes has kept prices high, with April’s median existing-home sale price just 1.5% off the record high set in June 2022....
What is the average interest rate on a 30-year mortgage in the U.S.?
The Cleveland Plain Dealer· 2 days agoU.S mortgage rates have declined slightly for the second straight week, but are still near 7% on average. The average rate on a 30-year fixed mortgage was 6.95% Thursday, according to
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for June 2024
The Woonsocket Call· 2 days agoAGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for June 2024. The dividend is payable on July ...
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Universal via AOL· 5 days ago(Homeowners can also consider a home equity loan, which generally carry fixed rates.) For...
Why competition in the housing market is cooling off
NBC Universal via AOL· 18 hours agoOther markets are still in favor of home sellers as inventory remains tight, Divounguy said. Not only do many homeowners have record home equity, they...
Home prices have hit a record high, according to an industry report
Consumer Affairs· 1 day agoDespite a sharp slowdown in home sales so far in 2024, home prices have not gone down much, except...
Buying a home is probably never getting cheaper as rates aren't coming down and pandemic migration...
Business Insider via Yahoo News· 5 days agoThat's bad news for home buyers, given that interest rates influence mortgage rates and home prices....
Are Sellers Kidding Themselves About How Much Their Houses Are Worth?
Investopedia· 10 hours agoThe data suggests that, much like restaurant patrons are now balking at the prospect of paying $20...
Powell Says Rates Are Hitting Housing but Return to Normal Could Take Years
Barrons.com· 3 days agoHigher interest rates are weighing on home-buying activity and having a “significant effect” on the...
Home foreclosures are on the rise again nationwide
FOX Business· 1 day agoHome foreclosures rose again in May as Americans continue to grapple with the ongoing cost-of-living crisis. "May’s foreclosure activity highlights...
