Business Insider

These are today's mortgage and refinance rates. Mortgage rates should fall further as inflation decelerates and the Fed is able to start cutting rates.

Mortgage Interest Rates Today, July 18, 2024 | Rates Down as a Fed Cut Looks More Likely

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?

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

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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

New York City, NY

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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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

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’

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?

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'

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

Homebuyers shouldn’t expect market conditions to improve too much in the second half of 2024, with mortgage rates likely to remain elevated and supplies tight. Economists expect home prices will rise by about 4%, and mortgage rates to remain at about 6.5%, in the second half. Despite strong demand...

What to Expect in the Housing Market in the Second Half of the Year

Coral Gables, FL

Edmond Thorne

Tragic End for South Florida Hispanic Building Tycoon Sergio Pino. Fort Lauderdale, FL - In a shocking turn of events, prominent South Florida homebuilder Sergio Pino was found dead in his Coral Gables home on Tuesday morning. The Miami-Dade County Medical Examiner's Office confirmed that Pino died from an apparent suicide.

South Florida Tycoon Dead After FBI Raids on Homes and Office

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

Fortune

Trump and Biden during the first 2024 presidential debate. The economy matters in an election year. And while our economy is fine on paper, it might not feel that way to anyone who wants to buy a home in this post-pandemic era. How that’ll affect President Joe Biden or former President Donald Trump is still to be determined, but they may want to pay particular attention to swing states.

Monthly housing payments have almost doubled in swing states since the last election

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?

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

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

Until July 31, you can secure the top nationwide CD rate of 6.00%, guaranteed until May 2025. That's from Nuvision Credit Union, but it is limited to a $5,000 maximum deposit. The runner-up rate is TotalDirectBank's 5.51% on a 3-month or 6-month certificate, with nine additional CDs guaranteeing 5.40% or better for 3 to 12 months.

Top CD Rates Today, July 16, 2024 - Lock In 6% Until Next Year, or 5.10% to 2026

Competition is fading fast after the peak of this year's affordability-challenged home shopping season. SEATTLE, July 16, 2024 -- Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to the latest monthly report from Zillow®. "A growing segment...

Nearly 1 in 4 sellers cut home prices as inventory grows

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

One in four sellers decreased the price of their home to entice buyers, a new Zillow report said. Home listings have increased as some sellers who were waiting for lower rates give up as high interest rates persist. Buyers remain on the fence even as mortgage rates start to wane...

Here's Why Some Home Sellers Are Cutting Prices

NewsBreak

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

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...

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

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