Tag: real estate
Military Families’ Housing Benefits Lag as Rents Explode
(AP) When Kristin Martin found out her husband was being transferred to Naval Base San Diego, securing housing for their family of five quickly...
Home Sales Fell Again in July as Housing Slowdown Deepens
(AP) Sales of previously occupied U.S. homes slowed for the sixth consecutive month in July, deepening the housing market's slide under the weight of...
30-year Mortgage Rate Jumps Back Over 5%
(AP) Average long-term U.S. mortgage rates soared this week in a continued volatile market as the key 30-year loan rate jumped back over 5%.
Mortgage...
Rents Spike as Big-Pocketed Investors Buy Mobile Home Parks
(AP) For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York.
That...
Housing Market Chills as Mortgage Rates, Prices Scare Buyers
(AP) Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000.
Tomcak became dispirited as...
Average Long-Term Mortgage Rates Inch Up to 5.81%
(AP) Average long-term U.S. mortgage rates inched up this week following last week's mammoth jump, the biggest in 35 years.
Mortgage buyer Freddie Mac reported...
Should You Use a Reverse Mortgage to Pay for Long-Term Care?
(Kate Ashford, NerdWallet) Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health...
March Home Sales Fall as Mortgage Rates Climb
(AP) Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage...
Homebuyers Stymied by Fewer Homes, High Prices, Rising Rates
(AP) Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for...
Higher Mortgage Rates Mark Consequences of Ongoing Inflation
(The Center Square) Mortgage rates surpassed 4% for the first time since 2019 and the Federal Reserve announced a series of new rate hikes...
