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Mortgage rates tick down again after modest gains on inflation
The Day· 7 days agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates have bounced around ...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 5 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
A commercial real estate crisis is hiding in plain sight
The Hill· 15 hours ago“The banking sector as a whole should be prepared to absorb loan losses that may materialize and...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is no...
Fortune· 6 days agoReserve raises interest rates to fight it, effectively increasing borrowing costs for businesses and consumers nationwide. This orthodox monetary policy usually works quite well. Debatably, ...
Clark County experts: Time to buy a home is now, before dip in interest rates increase competition
The Columbian· 5 days agoHigh interest rates are making it harder for people to buy homes in Clark County’s already hot...
Loan Applications Decrease 5.7% Last Week
National Mortgage Professional· 14 hours agoProspective borrowers took a break for the holiday weekend, and mortgage applications shifted downward as a result. Data from the Mortgage Bankers...
Denmark has the solution to America's broken housing market
Business Insider· 19 hours agoWhen mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 6 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Priced out of home ownership - 'It makes me want to throw up'
BBC via Yahoo Finance· 3 days agoAnd if mortgage rates do not drop significantly, the step-change in borrowing costs may act as a...
Council Post: How Loan Officers Can Capitalize On The Spring Homebuying Season With Loan Platforms
Forbes· 7 days agoLimited housing inventory and high interest rates have posed challenges in the real estate industry...
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