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Mortgage rate deals for week ending Dec. 4, 2021: Top offers from lenders
...previous Thursday. While everyone expects rates to rise in the coming year, mortgage rates remain historically low, making it a good time to get a mortgage or refinance. Bankrate’s “clicked-on......

Mortgage and real estate news this week: New conforming loan limits and where rates are headed
...story. 2. How FHA and VA borrowers can better compete The crazy-competitive housing market over the last year-plus let sellers be extra picky when weighing multiple bids. The result is that......

Congress Passes Short-Term Funding Extension
...The Senate is currently debating the measure following House passage last month. NAR spent the past year educating lawmakers on various issues in the original proposed legislation. The version......

You Offer an Essential Service
...real estate industry, the state of the real estate brokerage profession, and NAR’s ongoing work to foster innovation for the benefit of consumers everywhere. Technology is rapidly transforming......

Mortgage Rates Remain Stable—For Now
...search. IE users, please download Firefox, Chrome, or Edge. December 3, 2021 Mortgage rates held steady this week as the world awaits more information about the severity of the omicron variant......

Best no-penalty CD rates for December 2021
...are safe if they are either at a Federal Deposit Insurance Corp. (FDIC) bank or at a National Credit Union Administration (NCUA) credit union and within insurance guidelines and limits. Both......

Best jumbo money market rates for December 2021
...or other investments. Jumbo money market account holders should be aware of FDIC limits and guidelines. The FDIC standard insurance amount is $250,000 per depositor, per insured bank, for each...

Best 10-year CD rates — December 2021
...accounts on this page are insured by the Federal Deposit Insurance Corp. (FDIC) or by the National Credit Union Share Insurance Fund (NCUSIF). When selecting the best CD for you, consider the......

Home price growth headed for gradual correction
Slowing home price appreciation is not an indication that the U.S. housing market is facing a bubble that will burst as it had during the financial crisis of the late 2000s, a Standard & Poor......

Nonbank mortgage jobs start to flatline as firms report layoffs
...building jobs, is welcome news for this labor-intensive industry, and for a housing market in desperate need of more supply.” Construction hiring will likely continue to climb to keep pace with......

Pending Home Sales Climb 7.5% in October 2021
NAR released a summary of pending home sales data showing that October's pending home sales pace increased 7.5% last month but fell 1.4% from a year ago. Pending......

Instant Reaction: Mortgage Rates, December 2, 2021
Mortgage rates remained relatively flat this week, despite rising concerns of the omicron COVID variant. According to Freddie Mac, the 30-year fixed mortgage rate slightly rose to 3.11% from......

Top 11 financial New Year’s resolutions and how to fulfill them
...how to keep them. 1. Refinance your mortgage and/or your student loans Mortgage rates have been at historic lows in recent months, so it may be the right time to refinance to lower your monthly......

Three Ways Covid-19 Has Affected The Interior Design Market
...is a surge in orders throughout the home renovation industry, and the housing market is also growing. The pandemic forces consumers to acknowledge their needs and rethink their ideas about their......

Mortgage rates on Dec. 3, 2021: Rates decrease
Today quite a few important mortgage rates sank. Here's what that means for you if you're in the market for a home loan. A handful of principal mortgage rates sank today. 15-year fixed and......

Mortgage and refinance rates today, December 3, 2021 | Rates still low
...and some lenders may have motivation to be very competitive on price.” Mortgage rates Current 30 year mortgage rate trends higher, +0.05% The average rate for the benchmark 30-year fixed mortgage......

How estate planning can help you pass down a house to your kids and give them a financial leg up
...put a plan in place, here are three options to consider. Tough housing market:Here's how buyers are doing it. Gifting the property to children Greg Wilson, 42, of St. Louis, Missouri, has......

Property News: New Luxury Developments Sell Out In Charleston
...one of the best places to live, and recent forecasts project the housing market in Charleston to be among the top ten in the U.S. for the next several years. Not bad for a city of only about......

What is redlining? A look at the history of racism in American real estate
...their own risk assessments, which take things like the stability of the housing market and existing property values into account. “It’s like racism. We went from White-only bathrooms and entrances......

Omicron Variant Threatens More Disruption in Real Estate
...reported case in Minnesota. New fears over the omicron variant could drive mortgage rates lower. They also might press on demand for what has been a rebounding office sector, real estate economists......

Escalation Clauses Losing Appeal as Bidding Wars Cool
...escalation clauses one of the “shortest-lived real estate trends of 2021.” The housing market remains competitive, but home buyers are realizing that escalation clauses are revealing to sellers......

2022 Outlook for Home Sales, Prices in Largest US Cities
...2021 As the latest coronavirus variant remains a wild card for the housing market, real estate experts are still predicting a mostly lively year for home sales in markets across the country......

Mortgage Lending Drops Sharply in Third Quarter
...seasons, according to housing analysts. Refinance and purchase lending are slowing as mortgage rates rise. Refinances fell 13% in the third quarter compared to the second quarter and are down......

Mortgage rates show slight movement after volatile week
...point in 2020, the 30-year fixed rate came in at 2.71%. "Mortgage rates were shocked lower in the last week as the omicron variant cast doubt over U.S. economic growth,” said Robert Frick, corporate......

Today’s Refinance Rates: December 2, 2021—Refinance Rates Don’t Budge
...average rate on a 5/1 ARM is 2.86%. Related: Compare Current Mortgage Rates Loan Term Rate Change Rate Yesterday 30-Year Mortgage Refinance Rate 3.24% 0.00% 3.24% 20-Year Fixed Rate 3.09%......