The party’s over for America’s housing market, but this real-estate CEO believes it will recover
The housing market has hit some turbulence but it’s nothing that can’t work itself out, one real-estate veteran says.
The housing market has hit some turbulence but it’s nothing that can’t work itself out, one real-estate veteran says.
The 30-year mortgage rate is averaging at 6.39% Freddie Mac said in its latest weekly survey on Thursday.
Mortgages originated in the early 2000’s and largely forgotten are now being pursued by debt collectors. Government officials are concerned.
Mortgage applications fell 1.2% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.5%.
As HELOCs revive from a dormant period, a new generation of homeowners might need to know the best ways to use a home equity line of credit.
'We wouldn't be market bidding for a house and wouldn't have to take out a traditional mortgage if we are just paying back siblings over time.'
The 30-year mortgage rate is averaging 6.43%, Freddie Mac said in its latest weekly survey on Thursday.
Contract signings on U.S. homes fell for the first time since last November, as buyers faced a tough market in March due to an undersupply of houses.
The world’s second-largest asset manager, Vanguard, expects headwinds for the U.S. housing sector in the second half of this year.
Mortgage applications rose 3.7% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.55%.