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Weekly Mortgage Rates Trend Lower; Report Reveals Housing Strain - NerdWallet
Nerdwallet· 3 days agoMortgage rates continued slipping downward this week, in the absence of any major market movements...
Some homebuyers are beating high interest rates with 1980s-era assumable mortgages
Tribune via AOL· 3 days agoLast year, after Deb Jerikovsky's husband died, she decided to swap the lake home where they planned...
Boomers struggled more than millennials to buy their first homes: Realtor.com
HousingWire via Yahoo Finance· 6 days ago“Buyers in today’s market face high prices, high mortgage rates, and low levels of affordable...
Existing-home sales dip, but prices hit new all-time high
Bankrate via Yahoo Finance· 2 days ago“The mortgage payment for a typical home today is more than double that of homes purchased before...
Mortgage rates continue their downward trend
Consumer Affairs· 3 days agoMortgage rates appear to be on a downward trend. Freddie Mac reports mortgage rates fell for a third straight week, helped by easing inflation and less...
Current mortgage rates as of June 21, 2024
Fortune· 2 days agoThe average interest rate, per the most current data available as of this writing, is 6.850%. What exactly is a “jumbo mortgage” or “jumbo loan”? Fannie ...
Home prices are rising at their slowest pace in more than a year and mortgage rates could drop soon,...
Fortune· 5 days agoThe pace of home price growth seems set to slow further, just as people wait on the sidelines for mortgage rates to drop, even if it’s only a little. “New ...
Home prices around the US are being cut at a faster pace as inventory piles up
Business Insider· 2 days agoMortgage rates are still high but prices may be easing. Over 16% of homes saw a price cut last...
Current mortgage rates as of June 19, 2024
Fortune· 4 days agoThe average interest rate, per the most current data available as of this writing, is 6.877%. What exactly is a “jumbo mortgage” or “jumbo loan”? Fannie ...
The history of home (un)affordability
Bankrate via AOL· 5 days ago“As an example, a low interest rate helps the consumer’s ability to meet debt-to-income ratios...increase the consumer’s down payment requirements due to...