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Home Loan Rates Increased Over the Last Week: Mortgage Rates for May 24, 2024
CNET· 2 days agoThe average interest rate for a standard 30-year fixed mortgage is 7.04% today, up 0.02% compared to...
Sales of newly built homes tank in April, as prices and interest rates rise
NBC Connecticut· 3 days agoSales of newly built homes dropped in April as prices and interest rates rose. The median price of a...
High interest rates continue to limit SLO County home sales. Will that change this year?
The San Luis Obispo Tribune· 3 days agoHigh interest rates continue to limit SLO County home sales. Overall, the Golden State saw a...
Home buyers still balk at high interest rates and rising prices
Consumer Affairs· 3 days agoSales of existing homes fell 1.9% in April as potential buyers rejected rising home prices and 7%...
High interest rates continue to limit SLO County home sales. Will that change this year?
San Luis Obispo Tribune· 3 days agoAccording to a new report from the California Association of Realtors, San...quarter of 2024 is...
Why homebuyers are pouring into South Florida despite record-breaking high prices
Miami Herald via Yahoo Finance· 19 hours agoSouth Florida’s slowing housing activity got into higher gear in April for the first time this year....
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 1 day agoARMs tend to work best for those who know they’ll sell the home after a few years or can afford large periodic jumps in payments. With mortgage rates...
Cutting out this phrase from a half-century-old law would save homebuyers $175,000 and help tackle...
Fortune via AOL· 5 hours agoOhanian and Schmitz calculated that consumers would save about $175,000 with a manufactured home if...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
Will a HELOC or home equity loan be better in June?
CBS News· 1 day agoHELOCs are variable-rate lines of credit that allow you to borrow from your home's equity (up to the HELOC limit) throughout the draw period. Home ...