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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 2 days agoInflation has fallen from a colossal 10.7pc when he took office to 2.3pc today, although given the...
Majority of rates rise | Mortgage rates for May 24th, 2024
Bankrate.com· 3 days agoMortgage interest rates were mostly up versus last week, according to rate data collected by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo ...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via Yahoo Finance· 6 days agoNow that rates have more than doubled, homeowners are again behaving...lock-in effect? When housing...
Clark County experts: Time to buy a home is now, before dip in interest rates increase competition
The Columbian· 1 day agoHigh interest rates are making it harder for people to buy homes in Clark County’s already hot...
Weekly Mortgage Rates Fall, But Existing Home Sales Sag - NerdWallet
Nerdwallet· 3 days agoIn what should be a reassuring display of good timing, mortgage rates fell for the third week in a...
Mortgage rates dip below 7% for the first time in over a month
AOL· 3 days agoThe average 30-year fixed mortgage rate fell below 7% for the first time since early April, hitting 6.94% from 7.02% a week prior, according to Freddie ...
Home prices reach record high of $387,600, putting damper on spring season
WROC Rochester· 4 hours ago(CBS) – The cost of buying a house hit new record highs this month, making homeownership an even...
Fed Vice Chair Philip Jefferson on Housing Dynamics
Calculated Risk· 6 days agoThe Fed sets policy to promote its dual-mandate objectives of maximum employment and price stability, and employment and inflation depend on conditions in the entire economy. As I said earlier ...
Mortgage rates tick down again after modest gains on inflation
The Day· 3 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 ...