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Looking to buy a home? More houses are on the market, but rising mortgage rates a hurdle
Napa Valley Register· 4 days agoMortgage rates have been mostly ticking higher lately, but it’s not all bad news for home shoppers....
Home sales unexpectedly drop nearly 2% in April amid high mortgage rates and rising prices
NY Post via Yahoo Finance· 2 days agoExisting home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April,...
Housing prices hit another record high as affordability crisis deepens
Fox Business via Yahoo Finance· 3 hours agoBuying a house just became even more expensive as high mortgage rates continue to create a "lock-in"...
New-home sales dip as builders feel the toll of higher mortgage rates
Market Watch· 1 day agoNew home sales at 634,000 annual rate in April, versus 665,000 in prior month.
Daily mortgage rates for May 23, 2024: Steady rates
USA Today· 1 day agoMortgage rates are trending across the board. Today’s 30-year fixed mortgage rate is 7.46% which is higher than last week's 7.37%, according ...
These 3 Mortgage REITs Have Been On Fire Over The Last Month
Benzinga via Yahoo Finance· 4 hours agoMortgage REITs (mREITs) were among the worst-performing REIT subsectors during 2022 and 2023 when...
Home buyers still balk at high interest rates and rising prices
Consumer Affairs· 1 day agoSales of existing homes fell 1.9% in April as potential buyers rejected rising home prices and 7% ...
Mortgage Rates Fall Below 7%
The Wall Street Journal· 1 day agoMortgage rates fell to below 7% for the first time in more than a month. The average rate on the standard 30-year fixed mortgage slid ...
Understanding the mortgage underwriting process
Bankrate via AOL· 4 hours agoUnderwriting is one of the most time-consuming parts of the home financing process, and one reason closings can take so long. The quicker you compile...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 2 days agoAlexandra Perkinson and Brian Russman said they were drawn to the natural beauty of Asheville, N.C....