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Cost of buying a home in America reaches a new high, Redfin says
CBS News via Yahoo Finance· 3 days agoThe average interest rate on a fixed 30-year home loan rose to 7.1%, marking the first time this ...
Average long-term U.S. mortgage rate climbs above 7% to highest level since late November
Newsday· 3 days agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
Mortgage rates back up over 7%, another hit to weary would-be homebuyers
WJLA· 3 days agoFreddie Mac said Thursday that the national average was 7.17%. Bankrate’s survey of lenders shows...
A new reality of 7% mortgage rates could be setting in, top economist says
Fortune via AOL· 4 days ago“If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of where ...
Nearly half of all baby boomers couldn’t afford their current homes if they were to buy them today,...
Fortune via AOL· 5 days agoAlmost half, or 45%, of...them appreciate in value. In their defense, boomers had to deal with much...
What is Home Equity?
Bankrate via Yahoo Finance· 5 days agoWhat you paid for your home a few years ago or even last year might not be its value today. If you’re just exploring home equity...accurate ...
Cost-Saving Options For Black Americans To Consider As Mortgage Rates Exceed 7%
Black Enterprise· 7 days agoBad news, prospective home buyers: mortgage rates have eclipsed 7% for the first time in 2024. Based...
Mortgage lenders hike interest rates as market jitters set in
Yahoo Finance UK· 6 days agoOthers are less optimistic, with some economists suggesting the base rate – currently set at 5.25% –...
What is a home equity loan?
Bankrate via Yahoo Finance· 2 days agoBecause your home is the collateral for the loan, the amount you’ll be able to borrow is related to its current market value. The interest rate ...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 3 days agoCan a home loan go underwater? Yes, a home loan can go underwater, especially if home values drop in your area and you end up owing more ...
