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Consumers want a break on prices and interest rates but Fed keeps rates high
Detroit Free Press via Yahoo Finance· 2 days agoThe federal funds rate currently remains within a target range of 5.25% to 5.5...federal funds...
Good news, bad news: Mortgage rates drop, as home prices hit a record high
WCPO Cincinnati· 1 day agoAfter big run-ups in home prices the past three years, a lot of potential home buyers were hoping...
Home equity is near a record high. Tapping it may be tricky due to high interest rates
CNBC· 4 days agoHome equity is near all-time highs. Total home equity for U.S. mortgage holders rose to more than...
Questions to ask a mortgage lender
Bankrate via AOL· 4 days agoThere are soft and hard prepayment penalties. Here’s how they compare: Soft prepayment penalties let you sell your house without paying a fee. But if you...
Today’s Refinance Rates June 11, 2024: Rates Up
Newsweek· 4 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.15%, compared to 7.12% a week earlier. For borrowers who want a shorter ReFi, the average < ...
Turning Renters into Homeowners
RISMedia Real Estate News· 13 hours agoIn today's evolving housing market, the dream of homeownership may seem distant for many first-time homebuyers or renters. Rising interest
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune· 4 days agoAs the season winds down, mortgage applications, pending home sales, existing home sales, and listings for the last few months have all generally reflected that sentiment.
Can you get a HELOC on an investment property?
Bankrate via Yahoo Finance· 3 days agoYou must also itemize deductions on your tax return...includes down payments on other properties. Using a HELOC from a current investment property to...
Commercial real estate bargain hunters are snagging offices for ‘extreme’ discounts up to 70%
Fortune via Yahoo Finance· 1 day agoMortgage Bankers Association projections, $929 billion of the $4.7 trillion outstanding commercial ...
The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a...
Fortune via Yahoo Finance· 4 days agoCapital Economics says “mortgage demand and sales activity won’t recover until rates fall...
