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The lock-in effect is keeping homes off the market. How long will it last?
Bankrate via Yahoo Finance· 1 day agoAs mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to...
Average monthly mortgage payment
Bankrate via AOL· 2 weeks agoKey takeaways Monthly mortgage payments include not just principal and interest but also taxes and insurance. The typical mortgage payment nationwide is...
Guild reports higher profits in Q3, plans to acquire purchase lenders
HousingWire via Yahoo Finance· 6 months agoCalifornia lender Guild Mortgage reported an increased profit in the third quarter despite high...
Lumber prices fall as US mortgage rates top 6% for the first time in 14 years
Business Insider via Yahoo Finance· 2 years agoA discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra,...
The 30-year fixed mortgage rate drops to a 6-week low as banking turmoil sent bond yields tumbling...
Business Insider via Yahoo Finance· 1 year agoA man walks past open house signs in front of condominiums for sale in Santa Monica,...
California’s rich history includes putting the global economic order at risk | Opinion
Fresno Bee via Yahoo News· 1 year agoDon’t bank on California, especially when banks are involved. Silicon Valley Bank’s collapse is...
High interest rates cooled the Shasta County housing market. More of the same in 2024?
Redding Record Searchlight via Yahoo Finance· 7 months agoThe post-pandemic cooldown of the North State’s housing market has continued in 2023. High interest...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via AOL· 3 weeks agoKey takeaways Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants...
Mortgage rates jump again, remain above 6%
Yahoo Money· 2 years agoMortgage rates jumped more than a quarter point this week and remain at the highest level in 14 years, offering no relief to sidelined homebuyers. The...
Mortgage rates top 7% for first time since April 2002
Yahoo Money· 2 years agoMortgage rates surpassed 7% for the first time since April 2002, adding more reason for price-struck...