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Looking to buy a home? More houses are on the market, but rising mortgage rates a hurdle
The Buffalo News· 6 days agoMortgage rates have been mostly ticking higher lately, but it’s not all bad news for home shoppers....
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 6 days agoRate locks are often a wise move for borrowers, but they’re not...confused with the lock-in effect....
California’s New Budget Will Make Major Cuts to Public Programs
The Nation· 2 days agoNot too long ago, California was a byword for budgetary chaos and dysfunction. Its deficits were...
Rocket Mortgage inks $3.5M overtime pay settlement with bankers
HR Dive· 3 days agoRocket Mortgage has agreed to pay $3.5 million to settle claims brought by a group of current and former mortgage bankers that the company ...
Home prices stay elevated as inventory lags: Redfin
HousingWire via Yahoo Finance· 2 days agoMany homeowners, reluctant to exchange their current low mortgage rates for higher ones in pursuit of larger or upgraded homes, are staying put. “Move..