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Home prices reach record high of $387,600, putting damper on spring season
WROC Rochester· 1 hour ago(CBS) – The cost of buying a house hit new record highs this month, making homeownership an even...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 4 days agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375% ...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 6 days agoIn total, mortgage borrowers are coming out ahead by a cumulative $3 trillion. “Simply giving up...
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
Morningstar· 1 day agoUWM (UWMC) will give eligible buyers a second-lien loan of up to $15,000, in the form of down-payment assistance, for 3% of the home's purchase price. Buyers can also choose when and how often ...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 3 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Current Refinance Rates - Compare Rates Today | Bankrate
Bankrate.com· 5 days agoBefore joining Bankrate in 2020, I spent more than 20 years writing about real estate and the economy for the Palm Beach Post and the South Florida Business Journal. At Bankrate, my areas of ...
Today’s Refinance Rates May 23, 2024: Rates Decrease
Newsweek· 3 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.06%, compared to 7.20% a week earlier. For borrowers who want a shorter ReFi, the average rate...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 2 days agoBy historic standards, the current Bank rate of 5.25pc is approaching the long-run average. Even so,...
What to do when your mortgage forbearance period ends
Bankrate via AOL· 2 days agoIn addition, if you sell the property or refinance, you must repay the second lien at that time....
What falling inflation means for mortgages, savings and investments
The Telegraph via Yahoo Finance· 4 days agoInflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a...