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Americans typically spend about 24% of their income on mortgage payments
FOX Business· 4 days agoMortgage payments are up from a year ago but haven’t quite crossed the threshold many mortgage...
Homebuyers are in a bittersweet market as mortgage rates drop below 7% but prices remain high
AOL· 2 days agoThe average rate on a 30-year fixed mortgage fell to 6.99% from 7.03% a week prior, according to Freddie Mac. Although the inventory of homes for sale is growing and increasing choices for buyers ...
Buy now? Wait? What homebuyers are asking in today’s high-price market
Orange County Register· 2 days agoAs the saying goes, “Marry the property, date the rate.”
Mortgage rates inch up to highest level since early May, even as U.S. economy slows
Market Watch· 3 days agoThe market index fell 5.2% to 180.4 for the week ending May 31 from a week prior. Key details: The...
Stephen C. ‘Steve’ Weiss, longtime commercial real estate broker, dies
Baltimore Sun via Yahoo News· 1 day agoStephen C. Weiss, a commercial real estate broker, died of kidney cancer May 15 at Gilchrist Center in Towson. The Owings Mills resident was 67. “Steve was the consummate professional and was ...
The National Observer: CRE loan delinquencies still rising, but sign of turnaround emerges - The...
The Business Journals· 2 days agoToday we've got stories on a decline in asking prices in the housing market, a shift in...
Analysis: Loan repurchase patterns at Fannie, Freddie are divergent
HousingWire via Yahoo Finance· 3 days agoLoan repurchases continue to trend downward at both Fannie Mae and Freddie Mac, but there appears to...
They bought homes with the intention to refinance. Now they’re stuck
Detroit News· 2 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
CRE loan delinquency still growing but at slower pace as lenders rework deal terms - The Business...
The Business Journals· 5 days agoCommercial real estate loan delinquencies are still rising but at a slower pace than they have been...
CMG Home Loans Welcomes SVP, Senior Loan Officer Paula White to Mid-Atlantic Team
Morningstar· 2 days agoFAIRFAX, VA / ACCESSWIRE / June 6, 2024 / CMG Home Loans, the retail lending arm of the well-capitalized and privately held mortgage banking firm CMG Financial, has announced the addition of ...