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

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

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

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?

24/7 Wall St.

Home prices are at an all-time high in the United States. After rising year-over-year for 11 consecutive months, the median sale price of existing homes hit a record-breaking $419,300 in May 2024, according to a new report from the National Association of Realtors. High prices are largely attributable to a lack of inventory, as high […]
The post Cities Where Home Prices Are Actually Falling appeared first on 24/7 Wall St..

Cities Where Home Prices Are Actually Falling

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Boston, MA

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Vanishing Georgia

Boston Historic District, National Register of Historic Places.

Neoclassical Revival House, 1909, Boston

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Florida State

Edmond Thorne

Florida’s New Law on Condo Association Parking: A Comprehensive Overview. Broward County, FL. -- With many South Floirda condo assocations blocking owners and renters from parking their trucks and business vans in their own drivesways, residents have fought back with their legislators. Now, Florida has recently passed a new law that significantly impacts the rules around parking in condominium association lots and driveways. This law, which will go into effect on July 1, 2024, has stirred up a lot of discussion among homeowners and condo associations alike.

Florida's New Law on Condo Parking: Truck Owners & Business Owners Win Big

Chicago, IL

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 Conversation UK

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a large number are still waiting to do the same.

Millions benefited from mortgages fixed at low prices – now many are struggling with much higher monthly payments

HSBC cuts rates following similar moves by Barclays and NatWest.

Three big lenders cut mortgage rates

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Wisconsin State

Brookfield, WI

In a wave of unexpected newsunexpected newsunexpected newsunexpected news, Piggly Wiggly has shuttered its store in Brookfield, Wisconsin, leaving customers feeling as if they've lost a family member. The closure, originally set for June 15, was moved up abruptly, catching shoppers off guard as the aisles emptied out with a clearance sale offering 50% off all merchandise.

500-store Grocery Chain Closes Location, Shoppers Cry.

Hamilton Township, NJ

Rainbow Shops, a popular clothier known for its youth clothing, is preparing to shut down its location at the Hamilton Mall in Hamilton Township, New Jersey. The store is currently offering a hefty 40% discount on all items as part of its liquidation sale.

Popular Clothing Store Offers Offers Deep Discounts, Closing 950 Locations in Struggling Mall

Mortgage rates aren’t as good as they once were, but they’re as good once… as they ever were. The 30-year fixed-rate mortgage (FRM) averaged 6.89% Thursday, according to Freddie Mac’s Primary Mortgage Market Survey. That’s not as good as it was June 27, at 6.86%, and definitely not as good as it was once, in 2020.

Average Mortgage Rate Drops Six Basis Points From Last Week

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

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

Kentucky State

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

NewsBreak

Mortgage Rates Fall Back to 3-Month Low

The 30-year new purchase mortgage rate average edged back down to 6.70% Wednesday, its lowest average since early spring and a notable improvement after rates started...

Mortgage Rates Fall Back to 3-Month Low

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