Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September – CNBC
Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September CNBC
Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September CNBC
Last week’s housing market data provided mixed news, but the year-over-year purchase app numbers were the big story.
Good debt and bad debt are terms used to describe different types of debt and their effects on your financial health. Good debt is debt that improves your income or net worth, can be repaid responsibly, and has a good return on investment. Â Bad debt, on the other hand, is debt that you are […]
The post Examples of Good Debt vs Bad Debt appeared first on Credit Absolute.
One projection for 2023 is an easier housing market for first-time buyers. Buyers will need higher incomes to meet the higher interest rates.
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However, homebuilder Jerry Konter noted that single-family production is running well below a one million-unit rate, indicating ongoing weakness in the housing market as high construction costs and elevated interest rates continue to present affordability challenges. “Even though single-family starts are up on a monthly basis, permits indicate that the housing market will slow down … [Read more…]
Lower mortgage rates, higher inventory increase mortgage demand HousingWire
Mortgage rates hit 20-year high CNN
The AIDS Healthcare Foundation has spent tens of millions on pro-tenant causes. Yet elderly and disabled tenants at one of its buildings complain they have spent months at a time without a functioning elevator.