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Mortgage discounts fail to lure borrowers away from shorter-terms as rate cuts near
Financial Post via Yahoo Finance· 5 days agoThe next interest rate announcement is scheduled for June 5. Meanwhile, CMHC reports a notable...
The Best Markets for First-Time Home Buyers in 2024
KOAM· 1 day agoIn 2023, first-time home buyers represented half of all home purchases, reports real estate platform Zillow. Many repeat buyers remain on the sidelines...
Pending home sales in April slump to lowest level since the start of the pandemic
CNBC· 5 days agoThe average rate on the 30-year fixed mortgage ended March at around 6.9% and then took off, hitting...
News Highlights: Top Global Markets News of the Day - Wednesday at 3 PM ET
Morningstar· 6 days agoAll three major U.S. indexes were in the red, with the Dow industrials declining nearly 1%, as investors are once again getting jittery about the interest-rate< ...
Zero-down mortgages are making a comeback – KION546
KION 46 Salinas· 5 days agoBy Matt Egan, CNN (CNN) — Many Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment. That massive...
The Fed indicated rates will remain higher for longer. What does that mean for you? | amNewYork
amNewYork· 4 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
McComb Enterprise-Journal· 9 hours agoLOS ANGELES (AP) — Homeowners have been spending more on home renovations in recent years, as high interest rates and stubbornly high inflation drove up ...
Buying a House in America Is Hard These Days
KOAM· 10 hours agoHouse prices keep going up, and the Fannie Mae Home Purchase Sentiment Index shows 79% of consumers think now is a bad time to buy. Buying a home is an...
Mortgage rates top 7% — again
AOL· 5 days ago"More hawkish commentary about inflation…as well as economic signals that have moved sideways over the last few weeks, have resulted in mortgage rates drifting higher as markets ...
Zero-down mortgages are making a comeback - Boston News, Weather, Sports | WHDH 7News
7 News Boston· 5 days agoInstead, the program will allow buyers to pay for 97% of the home’s value with a first mortgage and...