The average rate on the popular 30-year fixed loan will rise to 4%, according to theMortgage Bankers Association's forecast. Refinance originations will drop 62% in 2022 to $860 billion. However,
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Defaults loom over more property developers as China reassures investors on Evergrande
All eyes will be on Chinese real estate developer Sinic Holdings, which warned last week it's not likely to repay offshore bonds worth $250 million due on Monday. On Friday,
Continue reading »Housing expert: October mortgage rates won’t see drastic change, but expected to increase
Mortgage interest rates could slowly and steadily increase over the course of October, one expert explained. (iStock) Mortgage rates jumped significantly over the last week, rising above 3%, the highest
Continue reading »U.S. Existing Home Sales Pull Back Slightly More Than Expected In August
The National Association of Realtors released a report on Wednesday showing a pullback by U.S. existing home sales in the month of August. NAR said existing home sales slumped by
Continue reading »U.S. Existing Home Sales Pull Back Slightly More Than Expected In August
The National Association of Realtors released a report on Wednesday showing a pullback by U.S. existing home sales in the month of August. NAR said existing home sales slumped by
Continue reading »Most Affordable Housing Markets in New York
We’re all familiar with those pandemic-era stories of New Yorkers fleeing the city for rural and suburban enclaves, trading small apartments for bigger ones where they can work remotely. For
Continue reading »‘Housing should be boring… and cheap’ – developer explains his success
Pocket Living boss explains why his business model of building smaller flats is ideal for the UK housing crisis Last modified on Sun 5 Sep 2021 09.11 EDT Property developer
Continue reading »U.S. Housing Starts Pull Back Sharply In July But Building Permits Jump
A report released by the Commerce Department on Wednesday showed a sharp pullback in new residential construction in the U.S. in the month of July. The Commerce Department said housing
Continue reading »How to get in on the booming single-family rental market without buying a house
Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise,
Continue reading »Millions will lose pandemic unemployment in September—many have already been cut off
ALT HEDSAmericans already cut off from pandemic unemployment expiring in September Roughly 7.5 million workers who've relied on pandemic-era unemployment benefits will be cut off from jobless aid altogether when
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