Mortgage
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Comment on this storyComment It’s been four months since my husband and I paid off our mortgage early, motivated by his decision to retire and a shared goal to be completely debt-free before either of us stopped working. I shared the strategies we used to pay off a 15-year mortgage . . .
Washington, DC CNN — US mortgage rates surged again this week, rising to their highest level since 2001. The 30-year fixed-rate mortgage averaged 7.23% in the week ending August 24, up from 7.09% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year . . .
The U.S. housing market is grappling with its worst affordability crisis in nearly 40 years. Mortgage rates have surged to a level unseen since April 2002, with the average rate for a 30-year fixed loan now standing at 7.09%, a significant rise from 6.96% just a week ago, as Freddie Mac reported in its latest […]
August 17, 2023 3:28 PM | 2 min read The U.S. housing market is grappling with its worst affordability crisis in nearly 40 years. Mortgage rates have surged to a level unseen since April 2002, with the average rate for a 30-year fixed loan now standing at 7.09%, a significant rise from 6.96% just a […]
Zillow says the housing market would go back into a “deep freeze’ if the U.S. defaulted. Lawmakers have yet to come to an agreement on the debt ceiling. Democrats want to raise it, without any strings attached, and Republicans are calling for spending cuts. If Congress fails to raise the limit in the coming weeks, […]
The national mortgage delinquency rate dropped to 2.92% in March, a decrease of 15% compared with February and a decrease of 13.2% compared with March 2022, according to Black Knight’s First Look report. It was the first time on record that the national delinquency rate dropped below 3%, Black Knight says. What’s more, it was […]
U.S. home prices increased in February as mortgage rates dipped and home buyers seized what little inventory was available. According to Black Knight’s Mortgage Monitor report, home prices increased 0.16% on a seasonally adjusted basis in February compared with January – marking the first positive month-over-month gain nationally in eight months. It was the strongest […]
March 1 (Reuters) – The average interest rate on the most popular U.S. home loan remained last week at its highest level since November as stronger-than-expected readings on inflation, job gains and consumer spending caused investors to hike their bets that the Federal Reserve will have to keep raising its policy rate through the summer. […]
Telecommunications, Pay TV and Utilities Insights Now Available Alongside Mortgage Credit Reports to Help Create Greater Home Ownership Opportunities For Millions of U.S. Consumers ATLANTA, Feb. 28, 2023 /PRNewswire/ — Equifax® (NYSE: EFX) is supporting financially inclusive lending with the availability of expanded U.S . . .
Mortgage rates in the US rose to the highest level since November, ramping up the pressure on potential homebuyers. The average for a 30-year, fixed loan was 6.5%, up from 6.32% last week, Freddie Mac said in a statement Thursday. That marks a third straight week of increases. Source link