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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other ...
The average rate on a 30-year U.S. mortgage eased to where it was three weeks ago, modest relief for prospective homebuyers ...
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August Mortgage Outlook: Rates May Slumber, but Buyers Dream of a Big DropMortgage rates will probably stay about the same in August. If they change, they're more likely to go down than up. Even if ...
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) and Zillow Group Inc. (NASDAQ:Z) have expressed concerns that ...
Understanding mortgage and refinance rates is key when navigating the Texas housing market. These rates aren’t set in stone, though. They fluctuate based on factors like 10-year Treasury yields, ...
Starter homes, while modest, remain attainable for first-time buyers without equity from previous home sales. However, rising ...
Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...
The rate on a 30-year fixed refinance fell to 6.72% today, according to the Mortgage Research Center. The average rate on a ...
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