Columbus, OH

The states with the lowest 30-year new purchase mortgage rates on Thursday were Alaska, New York, Florida, Texas, Louisiana, California, Pennsylvania, and North Carolina. Meanwhile, the states with Thursday's most expensive rates were Washington, D.C., West Virginia, Vermont, South Dakota, North Dakota, New Hampshire, and Virginia. Mortgage rates vary by...

Today's Mortgage Rates by State – Aug. 9, 2024

Lenders have been lowering their rates ahead of a hoped-for interest rate cut in August.

Mortgage rate hopes as one lender offers below 4%

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

Charlotte, NC

Tampa, FL

Fox Business

A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.

Home prices are finally starting to fall – and they dropped the most in these 3 cities

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

Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire. A sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages. Quotes vary based on credit scores, points and other factors.

Mortgage rates take a dive

Business Insider

These are today's mortgage and refinance rates. Rates are trending down, following weak labor market data for July and a rough stretch for the stock market.

Mortgage Interest Rates Today, August 7, 2024 | 30-Year Rates Drop Below 6%

Florida State

Orlando, FL

Markets Insider

Homebuyer cancellations are cropping up in Florida after a meteoric rise in home prices.

Florida's housing market is seeing 'nightmare scenarios' as buyers back out due to affordability concerns, Redfin says

DC News Now

For years, real estate was considered a good investment. But is that still the case?

Is buying a home still worth it?

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’

The 30-year average mortgage rate dropped again Friday, to 6.35%. A six-day decline has taken the average to its lowest level in more than a year. Averages for most other mortgage rates also fell Friday. National Averages of Lenders' Best Mortgage Rates. Loan Type New Purchase. 30-Year Fixed 6.35%. FHA...

Mortgage Rates Plunge to 15-Month Low

The average interest rate for a standard 30-year fixed mortgage is 6.77% today, a decrease of -0.08% over the last week. The average rate for a 15-year fixed mortgage is 6.21%, which is a decrease of -0.06% from the same time last week. For a look at mortgage rate movement, see the chart below.

Mortgage Rates Hit Lowest Point in Months Post Fed Meeting. Today’s Mortgage Rates, Aug. 2, 2024

The home security company did not say when the cyberattack and data breach occurred, but disclosed that the attackers accessed the company’s databases containing customer home addresses, email addresses and phone numbers. In a brief regulatory filing published late Wednesday, ADT said it has “no reason to believe” that...

Home security giant ADT says it was hacked

Seattle, WA

The Center Square

(The Center Square) – The Seattle-based real estate company Zillow has named a new chief executive officer as the U.S. housing market continues slowly falling.
                Zillow announced Chief Operating Officer Jeremy Wacksman has been promoted to the CEO position on Wednesday.
                Wacksman first joined Zillow in 2009 and has been promoted multiple times throughout his 15 years at the company.
          ...

Seattle-based Zillow names new CEO as national home sales continue falling

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?

In almost all of the largest US cities, more home sellers are cutting their asking prices than at the same time last year.

Home sellers are getting more desperate in these 10 cities — and that's good news for buyers

Akeena

Who would have thought that a chain known for its endless shrimp promotion could find itself in such a pickle? But here we are—Florida-based Red Lobster, which has been reeling from financial troubles, may have finally found a lifeline. After a surprising $11 million loss in the third quarter of 2023 due to that very shrimp deal, Red Lobster filed for bankruptcy in May 2024. And now, there’s a glimmer of hope on the horizon.

A Florida based chain that filed for bankruptcy has reportedly found a potential buyer

But then, on May 6, the authorities updated LockBit’s old site page and announced that they would be revealing the identity of LockBit’s administrator. “Who is LockBitSupp?” read a box on the site, which also included a 24-hour countdown. When cybersecurity researcher Jon DiMaggio saw the...

How a cybersecurity researcher befriended, then doxed, the leader of LockBit ransomware gang

This week we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Founders and senior executives of the hottest AI startups have been leaping around this week. OpenAI shuffle: John Schulman, one of the...

AI founders play musical chairs

NewsNation

The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week of Aug. 2, to 6.55%.

U.S. mortgage rates see biggest drop in two years

NewsBreak

Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall

This wasn’t at some informal, off-the-record gathering. It was on Redfin’s second quarter earnings call, the kind of call where executives usually stick to blandly optimistic...

Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall

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