Reuters

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year mortgage plunged to its lowest level since May 2023 this week, following days of market turbulence resulting from last week's softer-than-expected employment report.

U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are down significantly this week, opening the door for some homeowners to refinance.

Mortgage Interest Rates Today, August 9, 2024 | Rates Drop to 15-Month Low. Is It Time to Refinance?

Yesterday saw one of the largest single day mortgage rate increases in years, although there were more than a few caveats. We discussed those in greater detail in yesterday's update. Rather than attempt to condense and already-condensed explanation of esoteric market plumbing, here's the link in case you missed it: https://www.mortgagenewsdaily.com/markets/mortgage-rates-08062024.

Mortgage Rates Move Higher Again, But at a Much Gentler Pace

LOS ANGELES -- A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments. The Mortgage Bankers Association's refinance index, which tracks home loan application volume, surged 16% last week from the previous week to its highest level in two years, the association said Wednesday.

Homeowners race to refinance as mortgage rates retreat from 23-year highs

TheStreet

Mortgage lenders see more homes bought and sold when — and if — the Federal Reserve starts cutting rates.

Mortgage rates just had a huge drop

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

North Carolina State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Roxboro, NC

Town Talks

According to Travel alot, Roxboro, North Carolina, holds the unfortunate title of the most miserable city in the state. Several factors contribute to this designation, including high poverty rates, low median household income, and high crime rates.

North Carolina City Named The 'Most Miserable' In The State

Florida State

Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

Primis Bank is offering a remarkable fee-free checking account that pays 6.00% APY. That outdoes even the best CDs and high-yield savings accounts, which currently max out at 5.50%. Primis' 6.00% Novus Checking rate is available to new customers who set up a monthly direct deposit of at least $1,200.

This Checking Account Pays 6.00%—And It’s Guaranteed for 6 Months

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The states with the lowest 30-year new purchase mortgage rates Wednesday were Alaska, New York, Florida, Texas, California, Alabama, Hawaii, and Louisiana. Meanwhile, the states with Wednesday's most expensive rates were Washington, D.C., Vermont, Iowa, Indiana, South Carolina, South Dakota, and West Virginia. Mortgage rates vary by the state where...

Today's Mortgage Rates by State – Aug. 8, 2024

With hurricane season posing a consistent threat six months out of the year, who would not like a little help getting their home ready for the harsh weather to come? Senate Bill 7028: My Safe Florida Home Program, approved by Governor DeSantis on April 24, 2024, and effective as of July 1, appropriates a one-time total of $200 million from 2024 to 2025 for the purpose of funding hurricane mitigation grants and inspections, as well as outreach and administration costs, to support homeowners in Florida.

DeSantis Signs New Bill Giving $200 Million To Homeowners

The 30-year average mortgage rate fell again Monday, to 6.28%. A seven-day decline has pushed the average down to its lowest level since spring 2023. Averages for most other mortgage rates also dipped lower Monday. National Averages of Lenders' Best Mortgage Rates. Loan Type New Purchase. 30-Year Fixed 6.28%. FHA...

Mortgage Rates Plummet to Lowest Level in 16 Months

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Money Week

The building society’s cheapest deal is now priced at 3.99%. Whether you’re buying or remortgaging, we look at whether rates could drop further in the coming months

Nationwide cuts mortgage rates as they dip below 4% for first time since February

The Motley Fool

Mortgage rates are likely to come down before the end of the year -- but that drop may be minor. Here's how to snag the best rate either way.

Prediction: Mortgage Rates Will Drop Before 2025

The average rate on 30-year mortgage refinance loans plummeted 31 basis points on Thursday, dropping the average to 6.75%. That's the cheapest 30-year refi average in over three weeks. However, rate movement was up for most other refinance mortgages on Thursday. The 20-year refi average added 13 basis points, while...

30-Year Average Mortgage Refinance Rate Drops to Lowest Rate in 3 Weeks

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Many financial experts say that households should have an emergency fund worth six months of expenses in a cash account, which would require $33,110.68 on average, according to an analysis by Investopedia. Data from the Federal Reserve shows that 73% of households that have checking and/or savings accounts don't have...

Your Household Should Have at Least $33,000 in an Emergency Fund

NewsBreak

Mortgage Refinance Rates Inch Up After 4-Day Drop

Rates on 30-year mortgage refinance loans reversed course Monday after a 4-day decline, rising 4 basis points. While that boosts the 30-year refi average to 6.98%,...

Mortgage Refinance Rates Inch Up After 4-Day Drop

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