16 April 2024
Today’s 30-year fixed mortgage rate is 7.67% which is higher than last week’s 7.34%, according to data from Curinos. This is a steep increase from last month’s 7.40%. Last year around the same time, 30-year fixed rates were 5.93%, which makes today’s rate much higher than it was a year ago. At the current 30-year […]
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15 April 2024
NEW YORK, April 15 (Reuters) – If you are selling a home in the U.S., you may wonder when to put it on the market and get the best price. The answer? The prime moment is now. Specifically, the week of April 14-20 is optimal to sell a home nationwide, according to a new report […]
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15 April 2024
Over the last few years, high inflation and the Federal Reserve’s aggressive interest rate hikes pushed up mortgage rates from their record lows around the pandemic. Since last summer, the Fed has consistently kept the federal funds rate at 5.25% to 5.5%. Though the central bank doesn’t directly set the rates for mortgages, a high federal funds […]
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15 April 2024
The average mortgage rate for 30-year fixed loans rose today to 7.59% from 7.35% last week, according to data from Curinos. This is up from last month’s 7.27% and up from a year ago when it was 5.93%. At the current 30-year fixed rate, you’ll pay about $704 each month for every $100,000 you borrow — up […]
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12 April 2024
Last December, Bank of Canada governor Tiff Macklem suggested we’d ride an economic rollercoaster on the way back to two per cent inflation. “We can’t rule out bumps along the way,” he warned. U.S. Federal Reserve boss Jerome Powell sang a similar tune, foreshadowing a “bumpy ride” back to the two per cent target. Yet, for whatever reason, most […]
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12 April 2024
The average mortgage rate for 30-year fixed loans rose today to 7.60% from 7.35% last week, according to data from Curinos. This is up from last month’s 7.26% and up from a year ago when it was 5.93%. At the current 30-year fixed rate, you’ll pay about $705 each month for every $100,000 you borrow — up […]
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12 April 2024
LOS ANGELES — The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales. The average rate on a 30-year mortgage rose to 6.88 percent from 6.82 percent last week, mortgage buyer Freddie Mac said […]
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11 April 2024
TRI-CITIES, Tenn. – There were 88 area mortgaged properties with new foreclosure filings during the first three months of this year. That was an increase of four from the previous quarter and 24 fewer than last years. Nationally, foreclosure activity was up 3%, according to ATTOM, a leading curator of land, property, and real estate data. […]
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11 April 2024
ATTOM today released its Q1 2024 U.S. Foreclosure Market Report, revealing that 95,349 U.S. properties saw foreclosure filings during the first quarter of 2024. That’s up 3% from the previous quarter but down less than 1% from a year ago. The report also shows a total of 32,878 U.S. properties with foreclosure filings in March […]
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11 April 2024
Today’s 30-year fixed mortgage rate is 7.53% which is higher than last week’s 7.35%, according to data from Curinos. This is a steep increase from last month’s 7.26%. Last year around the same time, 30-year fixed rates were 5.93%, which makes today’s rate much higher than it was a year ago. At the current 30-year fixed rate, […]
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10 April 2024
U.S. Bank is a compelling choice for a wide range of home loan products. And the bank has made a financial commitment to advance homeownership for underserved borrowers. U.S. Bank is a leading mortgage lender with a lot of appealing products, including home equity loans and lines of credit. However, advertised mortgage rates are designed […]
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10 April 2024
Welcome to Investopedia’s economics live blog, where we explain what the day’s news says about the state of the U.S. economy and how that’s likely to affect your finances. Here we compile data releases, economic reports, quotes from expert sources and anything else that helps explain economic issues and why they matter to you. Today, […]
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10 April 2024
According to data from Curinos, mortgage rates for a 30-year fixed-rate loan sit at 7.34%. This means they’ve fallen slightly from 7.35% last week. Last month, rates were at 7.26%, putting today’s rates higher and up from 5.86% last year. The 30-year fixed-rate average today is 1.79 percentage points below the 52-week high of 9.13% and 1.71 […]
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09 April 2024
ATLANTA, April 09, 2024–(BUSINESS WIRE)–Beazer Homes (NYSE: BZH) (www.beazer.com) has scheduled the release of its financial results for the quarter ended March 31, 2024 on Wednesday, May 1, 2024 after the close of the market. Management will host a conference call on the same day at 5:00 PM ET to discuss the results. To […]
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09 April 2024
NEW YORK (AP) — U.S. stock indexes are slipping Tuesday, as traders make their final moves before several potentially market-moving reports later in the week. The S&P 500 was 0.4% lower in midday trading after erasing an early, modest gain. The Dow Jones Industrial Average was down 212 points, or 0.5%, as of 11:25 a.m. […]
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09 April 2024
Today’s 30-year fixed mortgage rate is 7.39% which is higher than last week’s 7.35%, according to data from Curinos. This is an increase from last month’s 7.22%. Last year around the same time, 30-year fixed rates were 5.86%, which makes today’s rate much higher than it was a year ago. At the current 30-year fixed rate, you’ll […]
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05 April 2024
SEATTLE, April 05, 2024–(BUSINESS WIRE)–(NASDAQ: RDFN) — Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Many report making sacrifices to cover their housing costs. To continue reading the rest of the article, please click […]
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05 April 2024
The latest jobs report came in hotter than expected, showing that the US economy added 303,000 jobs last month and the unemployment rate fell to 3.8%, according to Friday data from the Labor Department. The headline number far surpasses expectations for 205,000 job gains, and underscores the ongoing resilience of the US labor market. To […]
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05 April 2024
This week’s increase in U.S. mortgage rates has added to the skepticism about any significant reductions in interest rates for prospective homebuyers in the near future. As affordability issues intensify and consumer hope for lower interest rates this year fades, more potential homebuyers are holding off on their search. The anticipation of falling loan rates […]
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04 April 2024
ATLANTA & NEW YORK, April 04, 2024–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, announced that Capital Mortgage Services, a Lubbock-based mortgage bank with clients across the 50 states and the Virgin Islands, has selected the MSP® loan servicing system and a suite of integrated solutions to help scale its operations, lower costs and […]
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04 April 2024
IRVINE, Calif. , April 4, 2024 /PRNewswire/ — ATTOM , a leading curator of land, property, and real estate data , today released its 2023 property tax analysis for 89.4 million U.S. single family homes, which shows that $363.3 billion in property taxes were levied on single-family homes in 2023, up 6.9 percent from $339.8 billion in 2022. The increase was almost double the 3.6 percent growth […]
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04 April 2024
Judges in South Florida are approving “unorthodox foreclosure auction rules” proposed by a lawyer that help ensure that his client will own the property for a fraction of its value, according to an investigation by the Miami Herald. The Hollywood, Florida, lawyer, Brad Ira Schandler, refused to identify his clients and declined to say how much […]
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