To continue reading the rest of the article, please click on the source link below:
https://www.reuters.com/markets/us/us-consumers-lower-incomes-face-loan-stress-while-banks-pull-back-2024-04-22/
Posted on 22 April 2024.
To continue reading the rest of the article, please click on the source link below:
https://www.reuters.com/markets/us/us-consumers-lower-incomes-face-loan-stress-while-banks-pull-back-2024-04-22/
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 22 April 2024.
The average mortgage rate for 30-year fixed loans rose today to 7.68% from 7.59% last week, according to data from Curinos. This is up from last month’s 7.40% and up from a year ago when it was 5.92%.
At the current 30-year fixed rate, you’ll pay about $710 each month for every $100,000 you borrow — up from about $704 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-22-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 19 April 2024.
U.S. economy: The U.S. economy continued to grow at a seasonally adjusted annual rate (SAAR) of 3.4% in Q4 2023 as per the third and final estimate of the Real Gross Domestic Product (GDP) closing out 2023 at 2.5% SAAR compared to the 2022 annual levels.1 While growth in Q4 2023 softened compared to the 4.9% growth in Q3 2023, it remains above estimates of long-term potential growth. The upward revisions to the third estimate for Q4 2023 predominately reflect an increase in consumption spending, which contributed 2.2 percentage points to overall growth. While government spending increased 4.6% in the third estimate compared to 4.2% in the second estimate for Q4 2023, government spending is moderating compared to the 5.8% increase in Q3 2023.
To continue reading the rest of the article, please click on the source link below:
https://www.freddiemac.com/research/forecast/20240418-economic-growth-moderated-labor-market-robust
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 19 April 2024.
LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months.
The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.39%.
To continue reading the rest of the article, please click on the source link below:
https://www.msn.com/en-ph/money/realestate/average-long-term-us-mortgage-rate-climbs-above-7-to-highest-level-since-late-november/ar-AA1nfHK1?ocid=finance-verthp-feeds
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 19 April 2024.
To continue reading the rest of the article, please click on the source link below:
https://www.reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 18 April 2024.
Sales of existing homes in the United States pulled back in March, according to industry data released Thursday, with transactions bogged down by elevated mortgage rates.
Existing home sales fell 4.3 percent from February to a seasonally adjusted 4.19 million rate, said the National Association of Realtors (NAR). The figure was in line with analyst expectations.
To continue reading the rest of the article, please click on the source link below:
https://economictimes.indiatimes.com/news/international/world-news/sales-of-us-homes-slip-in-march-as-mortgage-rates-still-high/articleshow/109409446.cms?from=mdr
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 18 April 2024.
Today’s 30-year fixed mortgage rate is 7.68% which is higher than last week’s 7.53%, according to data from Curinos. This is a steep increase from last month’s 7.44%. Last year around the same time, 30-year fixed rates were 5.92%, which makes today’s rate much higher than it was a year ago.
At the current 30-year fixed rate, you’ll pay about $710 each month for every $100,000 you borrow — up from about $703 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-18-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 17 April 2024.
A look at the shareholders of New York Mortgage Trust, Inc. (NASDAQ:NYMT) can tell us which group is most powerful. We can see that institutions own the lion’s share in the company with 56% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
To continue reading the rest of the article, please click on the source link below:
https://simplywall.st/stocks/us/diversified-financials/nasdaq-nymt/new-york-mortgage-trust/news/new-york-mortgage-trust-incs-nasdaqnymt-latest-82-decline-ad
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 17 April 2024.
US mortgage rates climbed to a four-month high last week, potentially signaling a bumpier recovery for the residential real estate market.
The contract rate on a 30-year fixed mortgage rose 12 basis points to 7.13% in the week ended April 12, according to Mortgage Bankers Association data released Wednesday.
To continue reading the rest of the article, please click on the source link below:
https://www.bloomberg.com/news/articles/2024-04-17/us-30-year-mortgage-rate-rises-to-a-four-month-high-of-7-13?ref=biztoc.com
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 17 April 2024.
According to data from Curinos, mortgage rates for a 30-year fixed-rate loan sit at 7.73%. This means they’ve risen from 7.34% last week. Last month, rates were at 7.44%, putting today’s rates significantly higher and up from 5.93% last year.
The 30-year fixed-rate average today is 1.40 percentage points below the 52-week high of 9.13% and 2.10 percentage points higher than the 52-week low of 5.63%.
At the current 30-year fixed rate, you’ll pay about $714 each month for every $100,000 you borrow — up from around $694 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-17-24/#:~:text=Today’s%2030%2Dyear%20fixed%20mortgage,year%20jumbo%20mortgages%20are%207.67%25.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 16 April 2024.
The recent rise of the average long-term U.S. mortgage rate, which poses a new obstacle to aspiring homeowners hoping to purchase a property during this homebuying season, could have dramatic consequences on the country’s housing market.
The national weekly average for 30-year mortgages, the most popular in the nation, was 6.88 percent as of April 11, according to data from the Federal Home Loan Mortgage Corp., better known as Freddie Mac. That was 0.06 of a percentage point higher than a week before and up 0.61 compared to a year before. The national average for 15-year mortgages was 6.16 percent, up 0.1 of a percentage point compared to the previous week and 0.62 compared to a year before.
To continue reading the rest of the article, please click on the source link below:
https://www.newsweek.com/mortgage-rates-spike-could-upend-housing-market-1890656
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 16 April 2024.
The Northeast suffered the sharpest decline in activity in March as mortgage rates brush 7% for a 30-year fixed rate loan.
The pace of new construction slowed in March, as housing starts fell by 14.7% from a month earlier and permits dropped by 4.3%.
The biggest slowdown came in the Northeast region of the country, suggesting weather may have played a part in the monthly decline. Still, it comes as mortgage rates are brushing 7% for the benchmark 30-year fixed rate loan.
To continue reading the rest of the article, please click on the source link below:
https://www.usnews.com/news/economy/articles/2024-04-16/new-home-construction-slumps-in-march
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 fixed rate, you’ll pay about $709 each month for every $100,000 you borrow — up from about $698 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-16-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 from Realtor.com. By crunching a variety of factors including past price patterns along with the amount of inventory and buyer activity, researchers say this early spring sweet spot is the ideal time to strike.
To continue reading the rest of the article, please click on the source link below:
https://www.reuters.com/markets/us/best-time-sell-your-home-us-is-now-2024-04-15/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 rate makes borrowing more expensive, including for home loans.
To continue reading the rest of the article, please click on the source link below:
https://www.cnet.com/personal-finance/mortgages/home-loan-rates-increased-over-the-last-week-mortgage-rates-for-april-15-2024/#where-mortgage-rates-are-headed-in-
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 from about $694 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-15-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 people either missed the memo or blew off these caveats.
To continue reading the rest of the article, please click on the source link below:
https://ca.finance.yahoo.com/news/u-inflations-bumpy-ride-could-145823416.html
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 from about $695 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-12-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 Thursday. A year ago, the rate averaged 6.27 percent.
To continue reading the rest of the article, please click on the source link below:
Average long-term US mortgage rate nears 7%, highest in five weeks
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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.
To continue reading the rest of the article, please click on the source link below:
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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 2024, down less than 1% from the previous month and down 10% from a year ago.
To continue reading the rest of the article, please click on the source link below:
https://nationalmortgageprofessional.com/news/us-foreclosure-activity-3-last-quarter
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
Posted on 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, you’ll pay about $703 each month for every $100,000 you borrow — up from about $697 last week.
Ready to buy? Compare the best mortgage lenders.
To continue reading the rest of the article, please click on the source link below:
https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-04-11-24/
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.Posted in STOP FORECLOSURE FRAUD0 Comments
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