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The Bank of Canada Cuts Rates: What This Means for Summer Real Estate By Zoocasa
Investing.com· 3 days agoFollowing more than two years of rate hikes and holds, the Bank of Canada has finally announced...
Mortgage rates for June 3, 2024: Rates trending about the same
USA Today· 6 days agoThe average rate on a 30-year jumbo mortgage is 7.55%. The average mortgage rate for 30-year fixed loans rose slightly ...
What are zombie mortgages? Do Arizonans need to worry?
The Arizona Republic via Yahoo Finance· 1 day agoThe housing boom and crash from almost two decades ago is still a nightmare for homeowners now haunted by zombie mortgages. Zombie mortgages< ...
Who is the best candidate for a home equity loan?
Bankrate via Yahoo Finance· 2 days agoCriteria tends to be tougher for home equity loans, too. The truth is that meeting the minimum requirements isn’t enough to get approved for a home...
Build-to-rent communities surge in Phoenix amid high home interest rates
Arizona Daily Star· 5 days agoHigh mortgage interest rates are pushing prospective homebuyers to consider build-to-rent...
Housing market 'primed to surge' after election as interest rate cuts come into view
Evening Standard via Yahoo Finance· 1 day agoCity traders have circled the Bank’s August and September meetings as the two most likely dates for...
Americans with adjustable mortgages could soon see their payments skyrocket
AOL· 3 days agoA small group of Americans who took out cheaper but riskier mortgages several years ago are about to see their monthly payments skyrocket. Since 2019, more than 1.7 million ...
Mortgage Meltdown — U.S. Lending Crashes 70% After Pandemic Homebuying Surge
Benzinga via Yahoo Finance· 1 day agoAccording to ATTOM’s first quarter 2024 U.S. Residential Property Mortgage Origination Report, U.S. home mortgage lending plummeted nearly ...
40 year mortgages leave buyers at risk of retirement crisis
The Telegraph via Yahoo Finance· 4 days agoThe average two-year fix with a 75pc loan-to-value (LTV) is now 5.89pc, whereas a five-year fix...
ICE Mortgage Monitor: "Home Prices Cool for Second Straight Month in April"
Calculated Risk· 5 days agoToday, in the Real Estate Newsletter: ICE Mortgage Monitor: "Home Prices Cool for Second Straight Month in April" Brief excerpt: Press Rele...
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