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Florida real estate struggles as ‘motivated’ sellers flood market
CNBC· 16 hours agoOnce a red-hot destination for out-of-state homebuyers, Florida is seeing its inventory of homes for...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 21 hours agoBecause home values are not driven solely by interest rates but by a complicated mix of factors,...
10 Best Cities To Buy a House in 2024
GOBankingRates via Yahoo Finance· 4 hours agoDespite high interest rates and steep home prices, it may still be a good time to buy a house. Rates will eventually drop, and when they do, homebuyers...
First-time homebuyers need income of $120K to afford median house in the US
CBS Austin· 1 day agoFirst-time homebuyers are continuing to have trouble affording a home as the housing market grows...
Homebuyers turn to riskier adjustable-rate mortgages
NBC Bay Area· 19 hours agoAs mortgage rates remain above 7%, some would-be homebuyers are looking for another option to help them buy: an adjustable-rate mortgage. Instead of a...
High interest rates aren’t going away anytime soon – a business economist explains why
The Conversation via Yahoo Finance· 18 hours agoSaul Loeb/AFP/Getty Images The Federal Reserve held interest rates steady at its May 1, 2024, policy...
Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’...
Market Watch· 31 minutes agoMortgage rates rose for the fifth week in a row, as the Federal Reserve holds interest rates steady....
Here’s how much first-time homebuyers need to earn to afford a home in Florida
WFLA· 4 hours agoThe dream of becoming a first-time homebuyer is fading fast for many Americans as high interest...
Home prices aren't going down in a single major U.S. metropolitan area
Quartz· 3 hours agoIn all 50 of the most populous U.S. metro areas, median home prices either climbed from a year...
‘Don’t Panic’: 5 Tips to Help Homebuyers Cope With 7% Mortgage Rates
The State· 1 day agoMortgage rates should eventually decrease, but the drop will probably come later than most expected. Higher interest rates are increasing pressure on homebuyers who are already ...