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Top economist offers one word to describe the housing market: Unaffordable
Fortune via AOL· 5 hours agoAnd mortgage rates skyrocketing from their pandemic lows dried up existing supply because nobody...
Surprise: Millennials Have the Lowest Mortgage Rates of Any Generation
US News & World Report· 1 day agoMillennials have the lowest mortgage rates among generations – tied with Gen X at an average of 4% – because they bought homes at historically low interest
For subscribers: San Diego home price hits another record high. Will it ever stop?
U-T San Diego· 2 hours agoSan Diego County’s median home price growth showed no signs of abating in April as a new record was...
Starter homes: What they are and how to find them
Bankrate via AOL· 4 hours ago“Look for rentals in your neighborhood of interest and maybe save some more money, so you can buy your dream house in a few more years,” Adler says....
Pending home sales in April slump to lowest level since the start of the pandemic
AOL· 3 hours agoThe average rate on the 30-year fixed mortgage ended March at around 6.9% and then took off, hitting 7.5% by the end of April, according to Mortgage ...
3 signs the housing market's affordability recession is finally ending
Business Insider via Yahoo Finance· 1 hour agoIn fact, the Housing ...investors should expect this recovery to be sluggish. The bank added that ...
Mortgage crisis deepens as one in four face missing payments this year
The Independent via Yahoo News· 11 hours agoJane Tully, of the Money Advice Trust, the charity behind National Debtline, said: “These are really...
Weekly mortgage demand drops to three-month low as rates begin climbing again
NBC NEWS· 1 day agoAfter a brief pullback during much of May, mortgage rates began rising again last week. The average...
Mortgage Refinance Rates Move Higher: Current Refinance Rates on May 24, 2024
CNET· 7 days agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red...
Home Sales Are Stuck in Neutral—Will the Fed Put Them Into Gear?
Investopedia· 17 hours agoBoth new and previously owned home sales have stalled so far this spring, but economists think the...
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