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Could high interest rates, high prices hurt Newsom’s budget outlook for California?
Sacramento Bee via AOL· 1 day agoAlready, California has had to revise its deficit forecast as it collected $7 billion less this...
Americans say it’s the worst time ever to buy a home | CNN Business
CNN.com· 5 days agoAmericans remain historically gloomy about the state of the housing market. Just 21% say it’s a good...
30-Year Mortgage Rates Fall to Lowest Level in More than a Week
Investopedia· 7 days agoWith a two-day drop, 30-year mortgage rates have dipped to their lowest average in eight days. Rates moved down for most other new purchase loans as well.
How rich homebuyers are avoiding high mortgage rates
Yahoo Finance via AOL· 2 days agoIn a lower-rate environment, others may have paid all cash but refinanced soon after...million apartment, and then they get a $1 million or $1.5 million ...
Millenial, Gen Z move-homes doing California a favor | Thomas Elias
Santa Maria Times· 14 hours agoMany, too, also are helping their parents hang onto homes they’ve lived in for a generation or more...
Mortgage companies could intensify the next recession, US officials warn | CNN Business
CNN.com· 1 day agoUS officials worry the next recession could be intensified by a cascading series of failures in the ...
Average monthly mortgage payment
Bankrate via AOL· 6 days agoThey peaked at over 8 percent (for a 30-year fixed-rate conventional mortgage) in October 2023, before dropping down to around 7 percent by the end of..
‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of...
Fortune via Yahoo Finance· 5 days agoSo that’s why in cities in California, where you need to make much more than $100,000 to afford a...
National Association of Realtors® Report More Than 90% of Metro Areas Recorded Home Price Increases...
Sierra Sun Times· 2 days ago"In the current market, rising prices are the direct result of insufficient housing supply not meeting the full demand."
Majority Of Markets In The U.S. Posted Home Price Gains In Q1 2024
National Mortgage Professional· 5 days agoCalifornia takes the cake for pricey home buying in the U.S., as the state with eight of the 10 most...