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U.S. homebuilder sentiment tumbles as rates slow buyer traffic
Reuters via AOL· 24 hours agoThe National Association of Home Builders/Wells Fargo Housing Market Index fell unexpectedly to 45...
Rich Gen Xers are outpacing baby boomers in buying vacation homes
Fortune· 2 days agoExisting homeowners in the country took out almost 91,000 mortgages for second homes last year—that’s down 40% from the prior year and down 65% from the height of the pandemic-fueled ...
Rates decrease - Mortgage rates for today, May 14th, 2024
Bankrate.com· 2 days agoThe movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor appetite fluctuates with the state of the economy, inflation and Federal ...
How to survive the mortgage time bomb as interest rates remain high
The Telegraph via Yahoo Finance· 2 days agoThe Bank of England has held the Bank Rate at 5.25pc since August, which has likely been causing...
Home shopping? Rates tick down, but don’t expect big relief any time soon
Deseret News via Yahoo Finance· 7 days ago“March’s Pending Home Sales Index — at 78.2 — marks the best performance...month. “Meaningful gains...
Bargain bonanza: 15 cities revealed where home prices are falling amid soaring mortgage rates
New York Post· 6 days agoThe 12 other cities that have seen a decline in home values include: Panama City, Florida; Boulder,...
Why second mortgages could make a comeback
Axios· 3 days agoFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses. The big picture: An...
Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
Digital Journal· 3 days agoImage caption: Optimal...lock counts are a key market indicator as they control for changes in home prices and more volatile refi activity, so the year-over-year increase ...
Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts
Yahoo Finance via AOL· 7 days agoThe average 30-year fixed mortgage rate edged back toward 7% this week but remains elevated,...
6 ways home buyers mess up getting a mortgage
New York Post· 6 days agoSo if you’re in contract for a home, your money should stay put. If you apply for a new credit card or request a credit...Applying for multiple lines of...
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