Source: Village News — After a tumultuous summer for real estate, autumn is here. As of mid-September, the benchmark 30-year fixed-rate mortgage average is hovering a bit above 6% and skyrocketing home prices are finally starting to drop, slowly, (references...
Source: Real Change News — We’ve had internet bulletin boards, listservs, text websites, game environments, websites, interactive websites. Now we’re seeing metaverse real estate. I’m already completely lost and left out in the cold in the new metaverse. I’m...
Source: Institutional Investor — Amid a slow down in the economy, higher financing costs, and mounting fears of a recession, real estate values are fast declining. But the downturn is an opportunity for investors who stick with their real estate holdings — or...
Source: Forbes — The average rate on a 30-year fixed mortgage is 6.98%, according to Bankrate.com, while the average rate on a 15-year mortgage is 6.09%. On a 30-year jumbo mortgage, the average rate is 7.02%, and the average rate on a 5/1 ARM is 5.11%. Today’s...
Source: The Guardian — Almost 1,000 mortgage packages were pulled overnight from the British market as panic seeps into the housing market in the wake of Kwasi Kwarteng’s mini-budget. Moneyfacts, which monitors the sector, said 935 out of 3,596 mortgage...
Mortgage Rates Take a Mild Tumble
