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Ask Bankrate: Is the new 0.5 percent refinance fee here to stay?
...doing a cash-out refinance is an attractive way to do it because mortgage rates are at record lows and you might be in the market to refinance your first mortgage anyway. However, in these very......

As mortgage market calms, lenders resume cash-out refis
...uncertainty by turning off the spigot for cash-out refinances . But as the housing market has boomed in recent months, lenders have proven willing once again to let homeowners tap their equity......

Cancellation Of Debt: What To Know About Taxes When You Can’t Pay Your Bills
...than you owe. This can take a few forms, including short sales, foreclosures, or just agreeing with a credit card company to pay less than you owe if they stop chasing you for the balance. No......

Climate Point: Killings, land theft surge in Central America to feed our love of beef
...importers don't seem to be doing much about it. Flooding the housing market.  Climate change is exacerbating extreme weather, making it costlier for homeowners to keep cleaning up after major......

As Americans Remain In A Home-Shopping Binge, At-Home Trend Isn’t Likely Slowing Any Time Soon
...on the market for just 21 days in September—also an all-time low, NAR said.  "Home sales traditionally taper off toward the end of the year, but in September they surged beyond what we normally......

3 reasons you shouldn't wait to refinance your mortgage
...The long-term 30-year Treasury bond is generally the barometer for 30-year fixed mortgage rates, and when those bond rates started dropping at the start of the coronavirus pandemic, mortgage......

Compass Founder & CEO Robert Reffkin Weighs In On Today’s Real Estate Market
...RR: There are a few major reasons to be bullish on the housing market into January and beyond. This pandemic, unlike other downturns, is inspiring people to move. After being stuck inside for......

FHA Extends Forbearance Options Until End of Year
...landlords from evicting certain renters nationwide for the remainder of the year. NAR has strongly urged Congress and the Trump administration to approve rental assistance so the moratorium doesn......

Homes In These Midwest Cities Are Selling The Fastest
...has spurred countless bidding wars, pushed home prices upward and made the housing market more competitive than ever. In fact, the average house last month sold in just 16 days. That’s 44% faster......

Mortgage rates fall to a record low for the 11th time this year
Mortgage rates fell to yet another record low last week, for the eleventh time since the beginning of the year. The average interest rate on a 30-year fixed-rate mortgage fell to......

Looking to buy a home? It'll cost you a lot more than a year ago
Home sales were up again in September with prices at a record high and inventory at a record low for the month. Sales of existing homes -- which include single-family homes......

Mortgage Rates Hit New Low; Here’s How Much They Could Save Homeowners Per Month
Mortgage rates have hit a record-low once again. According to Freddie Mac, the average interest rate on 30-year, fixed-rate mortgage loans is now just 2.80%, the lowest point recorded since......

Instant Reaction: Mortgage Rates, October 22, 2020
Mortgage rates fell further this week, reaching a new record low for the second consecutive week. Specifically, the 30-year fixed-rate mortgage ticked down to an average 2.80% from 2.81%......

REALTORS® Confidence Index: September 2020 Highlights
...48 in August 2020). 2 REALTORS® expect a 0.2 increase in home sales in the next 3 months vs the same period one year ago. REALTORS® expect a 1.9 increase in home prices in the next 3 months......

Home Sales Continue To Rise Despite Low Inventory
Existing home sales continued their surge in September, marking the fourth consecutive month of a strong upward trajectory, according to the National Association of Realtors. Each of the four......

Housing Boom: Sales of Million-Dollar Homes Double
The pandemic is driving a major boom in the housing market that's breaking all kinds of records and exposing a very uneven economic recovery between the have and the have-nots. The most dramatic......

Existing-home sales rise to 14-year high, exceed forecast
...level in 14 years as a desire for more space and record-low mortgage rates continue to support demand. Contract closings increased 9.4% from the prior month to an annualized 6.54 million, the......

Mortgage rates down a percentage point from five years ago
Mortgage rates fell this week to another record low, and are now over a full percentage point below where they were five years ago, according to Freddie Mac. Because rates remain......

Fall Home Sales Surge Ahead of Normal Patterns
Home sales and home prices are increasing by double digits, with homes flying off the market in record time. Existing-home sales increased for the fourth consecutive month in September, up nearly......

30-year mortgage rate keeps falling to new lows
...this year that Freddie Mac has reported a new record low for mortgage rates. With the U.S. economy in recession because of the coronavirus pandemic, mortgage rates have plunged. In  a separate......

Making Sense of Student Housing Lending and Financing
...be slightly different, the capital markets experts today agreed that the student housing market is well-positioned for a comeback....

Just When It’s Needed Most, Start Up Builds Homes 4 Times Faster
...to less than 700,000 per year. Because of that dip, the housing market had to readjust their organizations, laying off thousands of experienced workers. Now those workers are in other careers......

A Closer Look at Student Housing Investment
...the investor profile since the outbreak. Apart from domestic investors, the student housing market has attracted more and more interest from international sources—particularly from Southeast...

The Covid Housing Boom Will Go On Until This Happens
...modern history Let me show you the most important chart in the housing market right now. It plots the inventory of houses in the U.S. all the way back to 1963. The number tells how many......

The Pandemic Is Fast Forwarding Us To A Cashless Society—And Making Life Harder For The Unbanked
...households were unbanked in 2019, according to the Federal Deposit Insurance Corporation (FDIC), meaning these households didn’t have a bank or credit union account. While high, this number has......