Columbus, OH

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?

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

The Independent

First Direct reduced the mortgage rates it is offering by up to 0.17 percentage points on Tuesday, following a slew of rate cuts by major lenders last week.The bank has cut rates across its range of two, three and five-year fixed repayment mortgages, for first-time buyers and home movers.The reductions include a cut on a two-year fixed-rate deal for people with a 15% deposit, which is now priced at 4.99%, down from 5.16%.Liam O’Hara, head of mortgages at First Direct said: “We’re pleased to be reducing our rates across our range of two, three and five-year fixed mortgages, across LTVs...

Bank cuts mortgage rates for first-time buyers and home movers as shake up begins

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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Thomas Smith

Spotting a few bugs in the house is typically a nuisance, but there's one in particular that should ring alarm bells for homeowners. If you come across the bug in the photo above, it's time to call in a professional.

Study This Photo--If You Find This Bug In Your House, You Need To Call in a Pro

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

Fox Business

Rising home supply and anticipated lower mortgage rates to come will "open the floodgates" for a real estate market "boom," says RE/MAX's chairman and co-founder.

Real estate tycoon explains when house prices will start to drop and 'open the floodgates'

Bethel Park, PA

As questions swirl about the would-be assassin who shot former President Donald Trump at a Pennsylvania campaign rally on Saturday, the shooter’s family is also struggling to make sense of what happened. The FBI identified the gunman as 20-year-old Thomas Matthew Crooks, who lived with his parents in the...

‘I don’t know what to say’: Family of Thomas Matthew Crooks struggles to make sense of Trump shooting

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

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?

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’

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

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 July in 7% territory. Rate movement was minor for most mortgage types Wednesday. National Averages of Lenders' Best Mortgage Rates. Loan Type New Purchase...

Mortgage Rates Fall Back to 3-Month Low

The average 30-year fixed mortgage interest rate is 6.83% today, down -0.14% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.31%, which is a decrease of -0.13% since last week. For a look at mortgage rate movement, see the chart below. The Federal Reserve...

Homebuying Picks Up As Rates Fall: Today’s Mortgage Rates on July 18, 2024

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Anika Jindal

The type of gasoline you use matters most when it comes to keeping your car running. While most gas stations claim to provide high-quality fuel, not all gasoline is created equally. You should avoid some gas brands that can ruin your car.

Worst Gas Brands That Can Ruin Your Car

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

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

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

People applied for credit at a slower rate in June, and those who did apply were rejected at a higher rate. Lenders have tightened their standards, making it harder for applicants to obtain loans of any kind. You can improve your odds of getting credit by having a good credit...

Credit Is Becoming Harder To Come By. What Can You Do To Improve Your Chances?

Bank of America shares rose Tuesday after reporting better second-quarter revenue and profit than analysts had projected. Net interest income, however, was lower than the same time last year, as Bank of America joins other banks that recently reported drops to NII in the second quarter. The bank's investment banking...

Bank of America Posts Earnings Beat on Investment Banking Boost

Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash. The $37.50-per-share deal is a 48.4% premium over Chuy's closing price Wednesday. Chuy's has a 30-day "go-shop" option to look for other potential suitors. Shares of Chuy’s Holdings (CHUY) soared Thursday after Darden Restaurants (DRI) announced it...

Darden Restaurants Pays a Big Premium To Buy Chuy's Tex-Mex Restaurant Chain

NewsBreak

Mortgage Rates Fall For Second Week in a Row, Freddie Mac Says

Mortgage rates fell for the second week in a row to lows not seen since mid-March, according to Freddie Mac. High mortgage rates have fallen some,...

Mortgage Rates Fall For Second Week in a Row, Freddie Mac Says

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