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When will mortgage rates drop below 6%?
Mortgage rates need to get below 6% to reinvigorate the frosty housing market, according to the National Association of Realtors (NAR). A 30-year fixed-rate mortgage at 6% would make the median-priced home affordable for about 5.5 million more households, NAR economists shared at the July 16 Real Estate Forecast Summit.
The average rate on a 30-year U.S. mortgage eased to where it was three weeks ago, modest relief for prospective homebuyers ...
Starter homes, while modest, remain attainable for first-time buyers without equity from previous home sales. However, rising ...
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
The more strategic you are with your mortgage, the more you can save. But if you're not careful, the largest loan of your ...
Missing a mortgage payment can have detrimental consequences such as foreclosure. In addition, this can also affect your ...
If you're getting ready to buy a new home or refinance your mortgage in Texas, understanding current rates is key. That said, ...
Changing the terms of your home loan can make your mortgage payments affordable and help you avoid foreclosure.
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