Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday. Source link Aarthi Swaminathan
Existing-home sales rise in October but are expected to remain sluggish for the time being
Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said. Source link Aarthi Swaminathan
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said. Source link Aarthi Swaminathan
Mortgage rates are near 7%, but buyers are making a comeback Read More »
Builder-confidence index jumps to 7-month high after Trump win
Builder sentiment increased to the highest level since April, the National Association of Home Builders said. Source link Aarthi Swaminathan
Builder-confidence index jumps to 7-month high after Trump win Read More »
Homeowners are using this hack to cut their mortgage payments in half — and chip away at the housing shortage
California homeowners are embracing tiny homes in their backyards. The movement has offered a blueprint for cities across the U.S. that are grappling with a housing shortage. Source link Aarthi Swaminathan
Why one economist says Elon Musk could hold the key to lower mortgage rates
Could Elon Musk hold the key to lower mortgage rates? Source link Aarthi Swaminathan
Why one economist says Elon Musk could hold the key to lower mortgage rates Read More »
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said. Source link Aarthi Swaminathan
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win Read More »
I’m 67, married and have two mortgages worth $660,000. Should I use my 401(k) to pay them off?
“I want to have $6,000 a month in cash to live comfortably and travel upon retirement.” Source link Aarthi Swaminathan
The typical U.S. home seller has never been this old, Realtors say
Homeowners who are selling are closer to retirement than those in decades past, National Association of Realtors data show Source link Aarthi Swaminathan
The typical U.S. home seller has never been this old, Realtors say Read More »
I’m a 26-year-old property investor. Is now a good time to refinance — or should I flip houses before buying more?
“I’ve been investing in real estate since I was 20.” Source link Aarthi Swaminathan