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Sales of newly built homes tank in April, as prices and interest rates rise
CNBC· 16 hours agoSales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from...
Long-term mortgage rates ease for third straight week, dipping to just below 7%
Seattle Times· 15 hours agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. This is the...
Mortgage rates fall below 7%, but affordability remains a dream for many: Freddie Mac
FOX Business· 11 hours agoMortgage rates are back down below 7% this week. A 30-year fixed-rate mortgage averaged 6.94%,...
High interest rates continue to limit SLO County home sales. Will that change this year?
San Luis Obispo Tribune· 2 days agoAccording to a new report from the California Association of Realtors, San...quarter of 2024 is...
Mortgage Rates Drop Below 7%
RISMedia Real Estate News· 13 hours agoCalling it an “unexpected windfall” of both lower rates and increased inventory of new and existing homes, Freddie Mac’s data
Small Improvements in Mortgage Rates: Mortgage Interest Rates for May 22, 2024
CNET· 2 days agoThe average interest rate for a standard 30-year fixed mortgage is 7.02% today, down -0.15% compared...
Should I buy a house now, or wait?
Bankrate via AOL· 11 hours agoFor example, Bankrate’s mortgage calculator shows that if you buy a $350,000 home with a 20 percent down payment, the monthly payment for principal and ...
Stock market today: AI stocks leap as interest-rate worries hold back the rest of Wall Street
The Hill· 16 hours agoIn the latest example of how good news for the economy isn’t necessarily good for Wall Street,...
US New-Home Sales Declined in April, Restrained by High Rates
Bloomberg via Yahoo Finance· 17 hours ago... of Commencement Protesting SuspensionsStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets...
Housing hit ‘rock bottom’ this year, but a top real estate CEO sees improvement over the next...
Fortune via Yahoo Finance· 14 hours agoIn the four weeks ending May 19, the median home price reached “a record $387,600,” according to...