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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 agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage ...
Mortgage Rates Drop Below 7%
RISMedia Real Estate News· 3 days agoCalling it an “unexpected windfall” of both lower rates and increased inventory of new and existing homes, Freddie Mac’s data
‘I want to retire in eight years, but I need to double my £150k pension first’
Daily Telegraph· 7 hours agoIn terms of earnings, Mr Mahmood’s gross monthly income is £3,200 and around £2,000 net, with around...
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
MarketWatch via Yahoo Finance· 2 days agoHousing activity is expected to slow in 2024, Fannie Mae said in a forecast published in May, as ...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 2 days ago“It’s much harder to pin the blame for mortgage rates today on Liz Truss. Inflation has been the...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 4 days agoBut like any financial product, second mortgages come with their own set of risks. Homeowners...
Mortgage blow as BoE will REFUSE to cut interest rates as general election looms
Daily Express· 3 days agoWhen Rishi Sunak delivered his general election shock in a rainy Downing Street yesterday, his suit...
Weekly mortgage refinance demand revives as interest rates fall to 7-week low
CNBC· 4 days agoTotal mortgage application volume rose 1.9% compared to the previous week, according to the Mortgage...
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...
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 ...