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Homebuyers are in a bittersweet market as mortgage rates drop below 7% but prices remain high
Yahoo Finance via AOL· 21 hours ago"We know the reason [for low demand]: record-high home prices hitting affordability, and also...
Affordability Hits New Low In Top States As Mortgage Payments Surge
Benzinga via Yahoo Finance· 3 days agoHomebuyer affordability hit again in April 2024, as the national median payment for purchase...
Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7%
Associated Press Finance via Yahoo Finance· 1 day agoThe rate fell to 6.99% from 7.03% last week, mortgage buyer Freddie Mac said Thursday. Borrowing...
The National Observer: CRE loan delinquencies still rising, but sign of turnaround emerges - The...
The Business Journals· 1 day agoGet more stories like these every day in your inbox by subscribing to The National Observer...
US Home-Purchase Applications Fall by Most Since Early April
Bloomberg via Yahoo Finance· 2 days agoIndia MajorityS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapSEC Hedge Fund Fee...
Mortgage rates dip as economic outlook remains unclear
Bankrate via Yahoo Finance· 2 days agoBased on a 20 percent down payment and a 7.08 percent mortgage rate, the monthly payment of $2,187...
U.S. job creation exceeds forecasts, signals delays in rate cuts - HousingWire
HousingWire· 2 hours agoJob creation that exceeded expectations in May has reinforced the perception that the Federal...
Is It A Deal Or Chicanery?
National Mortgage Professional· 4 days agoThe mortgage industry has seen a glimmer of hope as industry experts forecast declining rates in 2024. The Mortgage Bankers Association
Office Building Losses Start to Pile Up, and More Pain Is Expected
New York Times· 1 day agoThe distress in commercial real estate is growing as some office buildings sell for much lower...
Stephen C. ‘Steve’ Weiss, longtime commercial real estate broker, dies
Baltimore Sun via Yahoo News· 8 hours agoStephen C. Weiss, a commercial real estate broker, died of kidney cancer May 15 at Gilchrist Center in Towson. The Owings Mills resident was 67. “Steve was the consummate professional and was ...