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Economists were hoping for a 2025 turnaround in the housing market, and home buyers could still get some relief if mortgage ...
Mortgage rates dropped again, showing a decline for a fifth consecutive week. The average 30-year fixed mortgage rate was 6.67% through Wednesday, down from 6.77% a week earlier, according to ...
Adjustable-Rate Mortgages (ARMs): ARMs have interest rates that can fluctuate over time based on market conditions. ... Additionally, you can always refinance later if rates drop, ...
A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.
That incredible lack of affordability nudged California prices lower. The median was off 1% since May 2024 – the first ...