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Down Payments Rise From Pre-Pandemic Era—but You Don't Need To Put Down as Much as You Think
San Francisco Chronicle· 1 day agoHigher home prices and mortgage rates aren't the only rising numbers in the housing market since the...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 2 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
High interest rates have frozen the real estate market. When will it thaw? - Marketplace
Marketplace· 4 days agoIt was the first monthly decline in the National Association of Home Builders confidence index since...
Trying to buy a house is 'playing a game you can't win'
BBC News· 13 hours ago“It’s like I’m playing a game that you can’t win,” he says. At a time of rising property values...
Rock Island introduces vacant lot sale program, discontinues Home Ownership Made Easy
Quad-City Times· 1 day agoRock Island has simplified the process to purchase vacant lots in residential neighborhoods. On...
The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via AOL· 7 days agoBy contrast, borrowing $400,000 at today’s going rate of 7.25 percent carries a payment of $2,729 —...
Bankrate’s 2024 Home Affordability Report
Bankrate via AOL· 5 days agoSource: Bankrate survey, March 6-8, 2024 I don’t have enough income 56% 55% I can’t afford a down payment and closing costs 36% 47% Home prices are too...
How Wealthsimple is trying to beat the big banks at their own mortgage game
Financial Post via Yahoo Finance· 3 days agoThey’ve got a deal through June 30 whereby they rebate a portion of your mortgage payments based on...
Fed Vice Chair Philip Jefferson on Housing Dynamics
Calculated Risk· 7 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 ...
How to Budget Comfortably on a Fixed Income in Retirement
The Motley Fool via AOL· 1 day agoMoving is not for everyone, but if it's something that interests you, it's worth examining. Turn a...
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