High mortgage rates are preventing many from buying homes. A LendingTree study found that borrowers could save an average of $76,410 over a 30-year loan by comparing rates from different [...]
In Early-Q2, the 30-yr fixed mortgage rate reached 7.1%, up from 6.88%. Escalating mortgage rates are limiting the supply of homes for sale. [...]
Mortgage rates have been rising, but home shoppers have more options with a higher number of listings compared to last year. The increase in inventory is positive for the market, [...]
Renting is seen as a strategic choice to avoid becoming 'house poor' by stretching finances too thin. It allows time to save for homeownership without the added financial responsibilities. Criteria [...]
First-timers received 73% of mortgage offers in California in 2023. This figure is among the highest in the country. [...]
Borrowing costs for 30-year and 15-year mortgages decreased this week to 7.09% and 6.38% respectively after five weeks of increases. The drop in rates comes as a relief for homebuyers [...]
Mortgage rates are expected to remain stable ~7% in April 2024. The Federal Reserve delaying rate cuts due to a strong economy and high inflation is keeping mortgage rates high. [...]
The avg homeowner pays $4,536 each month towards their mortgage in California. To qualify for this payment, a 20% down payment on a $769,579 home is typical. [...]
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting [...]
Mortgage rates rose for the second consecutive week, with 30-year rates at 7.17%. Despite the increase, homebuyers are still active. Home prices are rising at a slower pace, with sales [...]