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Majority of rates rise - Current mortgage rates for May 27, 2024
Bankrate.com· 4 days agoMortgage interest rates were mostly higher compared to a week ago, according to data collected by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo
US home prices to rise 5% this year, more modestly next
Reuters· 14 hours agoFederal Reserve. Despite elevated mortgage rates - and expectations among forecasters that the first...
Why mortgage rates are doomed to stay above 7% for the foreseeable future
Business Insider via Yahoo Finance· 4 days agoAccording to Freddie Mac, six out of 10 mortgages have a rate below 4%, locking those owners into...
Top economist offers one word to describe the housing market: Unaffordable
Fortune via AOL· 10 hours agoWe’re missing roughly 2 million to 7 million homes, according to one estimate. And mortgage rates...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 6 days agoThe risk of ARMs It can be more difficult to qualify for an ARM compared to a fixed-rate mortgage because you’ll need a higher down payment of at least...
VA extends foreclosure moratorium through 2024
HousingWire via Yahoo Finance· 13 hours agoLeaning foreclosure sign in front of a modern single family home on a cloudy cold day The U.S. ...VA) announced on Wednesday that it has called on ...
After this ‘unexpected windfall’ for homebuyers last week, 6 pros on where mortgage rates might go...
Market Watch· 2 days agoWhat will happen to mortgage rates in June 2024 and beyond?
'Unexpected Windfall': Mortgage Rates Fall Below 7% for the First Time in Over a Month
San Francisco Chronicle· 5 days agoMortgage rates dipped below 7% this week, with the average rate for a 30-year fixed home loan dropping from 7.02% last week to 6.94% ...
There’s a way to land sub-4% mortgage rates for buyers locked out of the housing market. But they’ve...
AOL· 6 days agoHigh monthly prices coupled with the lock-in effect, in which homeowners are reluctant to let go of their sub-4% mortgage rates, have prolonged the frozen housing market.
Clark County experts: Time to buy a home is now, before dip in interest rates increase competition
The Columbian· 6 days agoHigh interest rates are making it harder for people to buy homes in Clark County’s already hot...
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