The housing industry is on a mortgage rate roller coaster
The industry is on a roller coaster ride after mortgage rates shot up close to 7% following a drop to the low 6%-levels on the back of a resilient economy.Â
Month: February 2023
Mortgage rates rise to nearly 6.3%, the highest level since 2008 – CNN
Mortgage rates rise to nearly 6.3%, the highest level since 2008 CNN
Can Free and Clear Homeowners Save the Housing Market?
The housing market is in trouble. The latest blow being mortgage rates returning to 7%. But the ongoing issue has been a severe lack of inventory, which differs greatly from conditions around the time of the Great Recession. And the higher mortgage rates go, the worse the inventory situation gets. This is because existing homeowners… Read More »Can Free and Clear Homeowners Save the Housing Market?
The post Can Free and Clear Homeowners Save the Housing Market? appeared first on The Truth About Mortgage.
Fidelity records strong 2022 performance despite market headwinds
Despite purchase, refinance and commercial order volume decreasing in 2022, Fidelity’s title segment still reported $9.5 billion in revenue.
Living in a car to pay off debt
Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks with all levels of financial maturity and income.
I don’t spend lavishly on clothes, hair appointments, or travel. I drive a 12-year-old Honda Civic. I got into debt by trying different business investments, including real estate and selling refurbished tablets. I also took out a student loan that I really didn’t need but couldn’t turn down the money I automatically qualified for. Those are the main sources of my debt.
My debt payments began to total more than $1,100 a month. I moved in with an aunt and uncle to make ends meet. When they wanted to raise the rent, it was the straw that broke the camel’s back. I was fed up with my situation. I couldn’t even afford to rent a room anymore.
Personal Finance Bible Verse Of The Day: Your Value
Indeed, the very hairs of your head are all numbered. Do not fear; you are more valuable than many sparrows. Luke 12:7 Indeed, the very hairs of your head are all numbered. Do not fear; you are more valuable than many sparrows. Luke 12:7
The post Personal Finance Bible Verse Of The Day: Your Value appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.
12 Delicious And Healthy Meals On A Budget
Are you interested in recipes for healthy meals on a budget? Would you like to cook more tasty meals at home so you’re less tempted to eat out? If you are looking for delicious, healthy, and budget friendly meal ideas, then I am excited to share this list of recipes with you today. Eating healthy […]
The post 12 Delicious And Healthy Meals On A Budget appeared first on Making Sense Of Cents.
Great News: You’re Allowed To Have Only One Kid!
It was a black and frosty night, sometime in the dead of winter 2007. I was in the rocking chair holding my baby son, who was about one year old at the time. I was offering him a bottle and I knew he needed food, but he was upset and had been screaming for much […]
House of the Week: A Mansion With a Lap Pool and Bay Views
Located near downtown Seattle, this home boasts a glassed-in lap pool and plenty of square footage.
Bad News for Home Buyers: Mortgage Rates Inch Towards 7%, Highest Level in 2023
The typical mortgage now costs a homebuyer $2,300 a month, based on a 20% downpayment for a $359,000 home.