Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

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

Business Insider

These are today's mortgage and refinance rates. Cooling inflation has helped mortgage rates fall, and they may drop further as the Fed cuts rates.

Mortgage Interest Rates Today, July 17, 2024 | Rates Are Down, and They Could Soon Go Even Lower

HSBC cuts rates following similar moves by Barclays and NatWest.

Three big lenders cut mortgage rates

Markets Insider

Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.

The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says

Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming. The 30-year fixed-rate mortgage averaged 6.77%, down significantly from last week's average of 6.89, according to Freddie Mac. That's the lowest level since mid-March. The 15-year fixed-rate mortgage also fell, averaging 6.05% this week.

Mortgage rates tumble; time for buyers to ‘get serious’

Rates on 30-year new purchase mortgages fell Wednesday to their lowest level in two and a half weeks, dropping to a 6.84% average. It's a notable improvement after rates started July above 7%. Rates for most other mortgage types also moved down Wednesday. National Averages of Lenders' Best Mortgage Rates.

Mortgage Rates Drop to Lowest Level Since Mid-June

July brought more bad news for hopeful homebuyers. Mortgage rates remain elevated at close to 7% and real estate broker Redfin cites data showing home prices are still going up. In early July, Redfin found that the median home sale price had risen another 5% over the last 12 months,...

Could home prices be about to dip?

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

California 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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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Mortgage rates are expected to slowly decline in 2024. You can take advantage by comparing loan offers from multiple lenders to get the lowest rate. Start by entering your information below to get a custom quote from one of CNET’s partner lenders. About these rates: Like CNET, Bankrate is...

Refi Rates Move Down for 7 Days in a Row: Today’s Refinance Rates, July 17, 2024

Today’s column will be a brief one, because it’s summertime and the people on the beach generally don’t read my column. I saw a headline today for an article on Realtor.com. “June 2024 Rental Report: Median Asking Rents Continue to Fall.”. Here is the first chart,...

The Residual Effect on Rent Inflation of the Eviction Moratorium

American Express Co (NYSE:AXP) disclosed its latest U.S. consumer and small business card loan delinquency and write-off statistics in a regulatory filing today. The data, which includes figures for the months ending June 30, May 31, and April 30, as well as aggregate numbers for the second quarter of 2024, provides investors with a snapshot of the company’s credit performance.

American Express reports card loan delinquency and write-off rates

Applications to refinance a home loan jumped 15% last week compared with the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.87% from 7.00%. Applications for a mortgage to purchase a home fell 3% for the week and...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and how that's likely to affect your finances. Here we compile data releases, economic reports, quotes from expert sources and anything else that helps explain economic issues and why they matter to you.

US Economy News Today: Mortgage Rates Drop For Second Week in a Row, Freddie Mac Says

Denver, CO

David Heitz

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

Pennsylvania State

Butler, PA

(Reuters) - The gunman who tried to assassinate Donald Trump fired from a rooftop that the U.S. Secret Service had declared to be outside its security perimeter -- a fatal omission that the agency should not have made, according to two of its former officials. Two local Pennsylvania police officers...

Trump gunman shot from roof that wasn't secured by any agency

Rates on 30-year mortgages have been dropping the last two weeks, sending the average to the mid-to-upper 6% range. Today's average sits just a third of a point above the past year's low: a 6.36% valley in early February. Rates are now dramatically lower than the 8.01% peak we saw...

Today’s Lower Mortgage Rates Let You Guarantee a 30-Year Loan Below 7%

When mortgage rates start to fall, be ready to take advantage. Experts recommend shopping around and comparing multiple offers to get the lowest rate. Enter your information here to get a custom quote from one of CNET’s partner lenders. About these rates: Like CNET, Bankrate is owned by Red...

Lower Mortgage Rates Spur Refinancing Activity. Today’s Refi Rates on July 18, 2024

The Associated Press

LOS ANGELES (AP) — The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.96%. The average rate...

Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers

NewsBreak

Freddie Mac reports dip in 30-year mortgage rates

MCLEAN, Va. - Freddie Mac announced today that the 30-year fixed-rate mortgage (FRM) has dropped to 6.77 percent, marking the lowest level since mid-March and a...

Freddie Mac reports dip in 30-year mortgage rates

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