Source: USA Today — What once seemed like it was as hot as lava, the U.S. housing market now seems to be cooling down pretty quickly. But why? There seems to be enough people looking to buy homes right now with Millennials making up 43% of homebuyers, up 5%...
Source: The Motley Fool — After rock-bottom interest rates during the first phase of the COVID-19 pandemic, the mortgage chickens have finally come home to roost. In October 2021, the average U.S. mortgage interest rate for a 30-year fixed-rate mortgage was...
Source: Salem News — American homeowners are feeling the pinch as the Federal Reserve continues to ratchet up interest rates to combat inflation. The average rate for a 30-year fixed rate mortgage rose above 6% this month for the first time since 2008, putting...
Source: MSN — U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what...
Source: The Day — Mystic ― A Guilford-based entity holding mortgages on Spicer Mansion signed a contract Saturday to buy the hotel for $3,050,000 after submitting the winning bid in a public foreclosure sale. MMP Holdings LLC outbid Walter “Sonny” Glaser Jr.,...
